US EditionRevolut Suspends Certain Services Immediately in Hungary: Here's Why
10 Articles
10 Articles
They decided to suspend some services for their Hungarian customers
The reason for this is the tightening of domestic legislation.
Revolut suspends certain services immediately in Hungary: here's why
In a sudden move, Revolut has temporarily suspended all crypto-related services in Hungary with immediate effect. The announcement, sent to users via email on Friday evening, cites recent changes in Hungarian legislation as the reason for the decision. What does this mean for users? According to Revolut’s statement, several key crypto features are no longer available in Hungary: Buying new cryptocurrencies is currently disabled Staking new asse…
After "unauthorized" crypto exchange became a criminal offense under the Criminal Code, Revolut immediately stopped this service for Hungarian customers.
The fintech company emphasized that it is working intensively to make these features available again as soon as possible.
Revolut is temporarily suspending its crypto services in Hungary with immediate effect and until further notice, the bank wrote to its customers on Friday evening. The email states that due to recent Hungarian legislative changes, they are currently unable to provide their services. “However, we are working hard to make them available again as soon as possible.” The app will not allow you to create buy orders, stake new assets, and all deposits …
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