Hungary to Jail Crypto Traders for 5 Years for Using “Unauthorised” Platforms — TradingView News
Hungary, a Central European country with a population of over 9.5 million, has introduced strict laws criminalising trading on an “unauthorised crypto-asset exchange service” and imposing jail terms of up to five years for traders and eight years for service providers.
Significant Jail Time for Trading on “Unauthorised” Platforms
According to the country’s criminal code, which came into force on 1 July 2025, people trading on unauthorised crypto exchanges may face a jail term of up to two years if their trading volume is between 5 million and 50 million forints ($14,600 to $145,950). For amounts between 50 million and 500 million forints ($145,950 to $1.46 million), the term can go up to three years.
Traders dealing with over 500…
