🇭🇺 Hungary

Hungary has a clear regulatory framework for cryptocurrencies, aligned with the EU's Markets in Crypto-Assets Regulation (MiCA). The Hungarian National Bank oversees crypto activities with established consumer protection and financial stability measures.

Overview

StatusLegal
Risk Score33/100 (Moderate Risk)
Regioneurope
CurrencyHUF
Adoption Rank#36

Tax

VAT on CryptoNo

The regulator page does not specify detailed crypto tax rates or rules; VAT does not apply to crypto transactions.

Licensing

RequiredYes
RegulatorMNB
FrameworkMarkets in Crypto-Assets Regulation (MiCA)
Easemedium
Cost$15,000 - $100,000

Licensing follows EU MiCA standards, requiring authorization for crypto service providers.

DeFi

Status: regulated

DeFi activities are regulated under the broader EU MiCA framework and Hungarian financial regulations.

Stablecoins

Status: regulated

Stablecoins are regulated under the EU MiCA framework applicable in Hungary.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity$0.11/kWh
Renewable30%
Infrastructuregood

Mining is legal with moderate electricity costs and a significant share of renewable energy. Infrastructure supports mining activities.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index43/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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