Hungary 🇭🇺 is setting the stage for a significant shift in the financial landscape, with new legislation poised to enable banks, investment funds, and asset managers to offer cryptocurrency services.

Slated to come into effect on June 30, this groundbreaking law positions the Magyar Nemzeti Bank (MNB) as the national overseer of crypto services.

This move not only reflects Hungary's progressive stance on digital currencies but also opens up new avenues for investment and financial services in the country.

How will this change impact Hungary's financial sector and the broader European crypto ecosystem?

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