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Eth_L2
@eth3
🇭🇺#Crypto Hungary has implemented stringent new cryptocurrency laws effective July 1, criminalizing “unauthorized” crypto trading. Individuals face up to 5 years in prison, while service providers could face up to 8 years. In response, Revolut has suspended its crypto services in the country. The broad legislation, introduced without clear implementation guidelines, puts an estimated 500,000 Hungarian citizens at risk of legal uncertainty.
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