🚨 Emergency Bitcoin Update – Important Change in Hungary (from July 1)

📜 On July 1st, Hungary introduced a modification to its Criminal Code (Btk), which states that buying or selling bitcoin or crypto is only legal through EU-licensed (MICA) exchanges.

👉 In practice, I’ve registered with platforms that meet this criteria, such as:

– Bybit.eu

– Bitpanda

– Possibly Revolut too

💬 The Hungarian National Bank (MNB) stated informally that this law isn’t yet enforceable, because the supervisory body hasn’t been set up.

⚠️ But what is currently in effect must be respected.

💡 So as a law-abiding citizen, I will only use MICA-licensed exchanges for transactions above HUF 5 million (about $13,500).

That said, some legal interpretations suggest even smaller transactions may technically fall under the new regulation.

📌 Recommendation:

Double-check the license of any exchange you use.

💬 Another frequent question:

“Bitcoin is expensive — should I still buy?”

Yes.

Bitcoin is not a stock or a bond. It’s a long-term asset.

You don’t buy it for 6 months — you hold it for 4+ years.

⚡️ Like electricity:

You weren’t the first person to install lightbulbs in your home —

but you still use them today.

Bitcoin is like that:

A tool. A financial protocol. A breakthrough.

Not too early. Not too late. Just in time.

🔧 Bitcoin is:

– Free from state control

– Free from corporate control

– Free from individual manipulation

It’s the most precisely engineered monetary system in human history.

You don’t need to open an account with anyone.

You don’t need to trust any institution.

Bitcoin can be fully yours.

📍 Want to learn more?

– Visit: www.bitcoinmiskolc.hu

– Watch: Bitcoin Miskolc on YouTube

– Join: www.huszonegy.world — a free and open Hungarian Bitcoin community.

🔓 No VIP rooms. Just transparency, learning, and real people.

Join us. Let’s grow together.

#bitcoin #Hungary #MICA #regulation #btc #financialfreedom #bitcoinlaw #crypto #btccommunity #bitcoineducation #BitcoinMiskolc #21world

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Discussion

I contacted Kraken about this topic and this is what I received:

“The MiCA license allows Kraken to offer regulated spot crypto trading services and actively market to clients across all 30 EEA member states.

Kraken complies with all legal requirements and regulations in the jurisdictions in which it operates, including Hungary.”

Maybe I will try Kraken too.