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Approval for $BTC from the Country That Called for Banning Bitcoin and Cryptocurrencies!
According to Bloomberg Law, Hungary intends to let banks, investment funds, and asset managers to provide Bitcoin and cryptocurrency services.
The Hungarian government would let banks to provide Bitcoin and cryptocurrency services, according to the draft that was developed.
The rule on cryptocurrency services was drafted as part of the endeavor to implement the necessary EU legislation, according to the draft law created by the Ministry of Economy.
In Hungary, the central bank will be in charge of regulating cryptocurrency services.
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