Revolut Restarts Crypto Staking in Hungary Following Regulatory Review — TradingView News
Revolut has reinstated its crypto staking services for customers in Hungary following a temporary suspension triggered by new government regulations, Coindesk reported.
The digital bank halted most of its cryptocurrency features in Hungary earlier this month due to a law that criminalizes trading on unlicensed crypto platforms.
Legal Review Allows Staking Services to Return
On July 7, Revolut paused crypto services after Hungary introduced strict legislation penalizing unauthorized crypto trading and exchange activities. Under the law, providers operating without a license face up to eight years in prison, while users risk five-year sentences. This move forced Revolut to suspend various crypto functions for its Hungarian clientele.
After…
