Hungary reverses parts of 2025 crypto limits, easing conversion and ending trading penalties

Hungary has moved to reverse parts of its 2025-era restrictions on cryptocurrency conversions and trading. Separate reports say the government is undoing conversion limitations and plans to remove prison penalties tied to crypto trading that were introduced during the crackdown period ^{[1] [2]}.

The policy shift follows Hungary’s political transition after Viktor Orbán left office, with reporting describing an effort by the new administration to neutralize controversial measures from the prior government. Coverage says the prior rules included approval requirements for certain digital-asset conversions and that the proposed decriminalization could support a return of activity for the local crypto sector ^{[3] [4]}.

The reversals aim to loosen constraints on how crypto can be converted and traded in Hungary, according to the reports cited, though the timing and execution details were not fully established in the coverage ^[4].