Revolut Partially Restores Crypto Services in Hungary After Review
TLDR
- Revolut has resumed crypto staking and wallet withdrawals for Hungarian users.
- The company had earlier suspended all crypto services following new Hungarian legislation.
- The updated law enforces prison terms for unlicensed crypto activity in Hungary.
- Revolut users in Hungary can now access staking rewards and transfer previously held assets.
- Services like buying, selling, and new crypto deposits remain unavailable for now.
London-based fintech Revolut has reactivated some of its cryptocurrency features in Hungary after suspending services due to new regulations. The company had halted all crypto operations following strict legislative changes that introduced criminal liability for unauthorized digital asset…