Not sure how widely known this is, but I don't think it's getting the reach it deserves.

Hungary is quietly passing laws that make it nearly impossible for exchanges to operate or for citizens to buy Bitcoin at all.

In short:

"As of July 2025, Hungary has unique crypto validation requirements in effect, impacting approximately 500,000 Hungarian crypto owners.

The law does not define what validation means. This creates legal uncertainty: neither individuals nor businesses can follow the rules, service providers are leaving the country, and violations may result in criminal liability.

On this website, only service providers that have publicly announced compliance, or have been confirmed compliant by SZTFH or Caduceus, are marked as 'Compliant.'"

This is directly affecting an engineer on our team. He built this site to raise awareness of what’s happening.

Please take a look and share to help raise awareness.

A timeline and all the exchanges that are now leaving or restricted is listed below

https://stopkriptovalidacio.hu/

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thanks for sharing - that's always known to be coming since 2015 - key part is once big countries do something - they will not stop PUSH hard to smaller sovereign countries or cutoff the fiat links

any eu reg. online biz wants biometric data just to SPEND one euro now only

my understanding is that this is Hungary specific and not the EU and the legislation coming out of Hungary specifically is much WORSE than even what the EU is pushing