Could Crypto Trading Land You In Prison? Hungary's New Crypto Transaction Validation Regime

• Published date: 12 November 2025
• Subject Matter: Technology, Fin Tech
• Law Firm: VJT & Partners
• Author: VJT & Partners

Could crypto trading land you in prison? Hungary's new crypto transaction validation regime

Hungary has taken a bold step in tightening its cryptocurrency rules. Over the summer, lawmakers adopted major amendments introducing a new validation requirement for crypto transactions.

This national framework is independent of the EU's MiCA regulation and shows Hungary's intent to move faster in improving control and transparency. Many users first noticed the change when Revolut and other platforms restricted crypto transactions'a direct consequence of the new regime rather than business strategy.

A new layer of compliance: what "validation" means

Under the amended law, every crypto exchange transaction'whether crypto-to-crypto or crypto-to-fiat'must be validated.

Validation means verifying both the client's identity and transaction details. It can only be performed by an entity licensed by the Supervisory Authority for Regulated Activities (SZTFH), ending with the issuance of a compliance declaration. Without this declaration, the exchange is considered...