Wu Blockchain (@WuBlockchain): Hungary Repeals Crypto Transaction Validation Rule as CoinCash Secures Country’s First MiCA License
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Hungary Repeals Crypto Transaction Validation Rule as CoinCash Secures Country’s First MiCA License Hungary’s parliament has voted to repeal mandatory third-party validation for certain crypto conversions, removing requirements to verify asset origins, wallet ownership and customer information before transactions. Separately, the National Bank of Hungary granted CoinCash operator Tiwala Solutions the country’s first MiCA authorization on July 20, covering custody, crypto-to-fiat and crypto-to-crypto exchange, transfers, investment advice and portfolio management.