Hungary criminalises use of unlicensed crypto exchanges with prison sentences up to 8 years

15-7-2025 – Hungary’s updated Criminal Code now imposes prison sentences of up to two years for individuals using unauthorized cryptocurrency exchanges, with penalties scaling based on trading volumes, according to legislation that took effect July 1. The new laws establish graduated penalties for “abuse of crypto-assets,” with sentences ranging from two years for trading volumes [. . source: https://www.cointrackdaily.com/hungary-criminalises-use-of-unlicensed-crypto-exchanges-with-prison-sentences-up-to-8-years/