US EditionHungary's Crypto Crackdown: Prison Time For Digital Trading
17 Articles
17 Articles
New Hungarian Law Criminalizes ‘Unauthorized’ Crypto Trades, Rattling Firms - Invest In Crypto News
Under newly enacted legislation in Hungary, digital asset traders using “unauthorized” cryptocurrency exchanges could face up to two years in prison, with harsher penalties for larger transactions. Crypto Firms Eye Exit Amidst Legal Uncertainty Hungarian digital asset traders using “unauthorized” cryptocurrency exchanges face up to two years in prison under newly enacted legislation. Those conducting […] Source link The post New Hungarian Law Cr…
I am familiar with the field of virtual assets and that I made profits from trading cryptocurrencies before entering the civil service. I started to be interested in the phenomenon in 2017, in the context of the explosion of Bitcoin from 1,000 to almost 20,000 dollars, said the deputy of the Action and Solidarity Party (PAS), Dorian Istratii, in an interview for NewsMaker.md. “I had a little free time then and I thoroughly documented myself, I …
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Cryptocurrency News | Cryptocurrency Prices | Market CapNew Hungarian Law Criminalizes 'Unauthorized' Crypto Trades, Rattling Firms – Regulation Bitcoin News
Under newly enacted legislation in Hungary, digital asset traders using “unauthorized” cryptocurrency exchanges could face up to two years in prison, with harsher penalties for larger transactions. Crypto Firms Eye Exit Amidst Legal Uncertainty Hungarian digital asset traders using “unauthorized” cryptocurrency exchanges face up to two years in prison under newly enacted legislation. Those conducting […]
Hungary Imposes 2-Year Prison Sentence For Unauthorized Crypto Trading
According to a document shared by the governmental bodies guiding the Hungarian criminal codes, anyone caught making use of unauthorized crypto platforms for crypto trading would be jailed for two years. Revolut In reaction to this, the new law has stopped operations in Hungary with no actual date of bringing back operations. Hungary has established a new law against the use of cryptocurrency. According to local news, about 500,000 citizens of t…
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