Important update of Hungary 🇭🇺 about Cryptocurrency-market. 🎤📢
"Hungary plans to allow banks, investment funds and asset managers to provide cryptocurrency-market services, according to a draft legislation".
🟤 Major Points of Contract:
1️⃣. Regulation on crypto services is part of effort to adopt relevant EU legislation, according to Economy Ministry draft law.
2️⃣. Central bank to be in charge of regulating crypto services in Hungary.
3️⃣. Regulation planned to take effect on June 30.
