Hungary Joins Crypto Crackdown Wave with Strict Licensing Rules
Hungary has joined the growing list of nations tightening crypto regulations, introducing strict licensing requirements and severe penalties for non-compliance.
Hungary has joined the growing list of nations tightening crypto regulations, introducing strict licensing requirements and severe penalties for non-compliance.
US banking agencies are urging financial institutions to bolster risk controls if they plan to hold cryptocurrency for clients, according to a joint statement from the Federal Reserve, FDIC, and OCC.
The SEC just dropped a major hint that a wave of crypto ETFs—from Solana and XRP to a Trump meme coin fund—could soon hit the market.
Hong Kong is pushing deeper into blockchain adoption with fresh regulations for stablecoins and plans to scale tokenized assets.
Japan is rolling out the red carpet for crypto. In a major policy shift, regulators have proposed treating digital assets like stocks—clearing the path for ETFs and slashing taxes from a punishing 55% to a flat 20%.
Turkish cryptocurrency holders should prepare for major changes to transaction processes. Under upcoming regulations:
Vietnam’s Digital Technology Industry Law, passed on June 14, brings cryptocurrencies under legal and regulatory oversight for the first time.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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