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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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The Hungarian Ministry of Economy intends to build a regulatory framework for digital assets based on the Central Bank and intends to allow banks to provide crypto services
Hungary has proposed legislation to establish a regulatory framework for digital assets with the Hungarian Central Bank as the main regulator, and to support banks, investment funds and asset managers to be able to provide Bitcoin and other Crypto Assets services. If passed, the bill would be a significant step forward in allowing traditional financial institutions to incorporate crypto services, and once the bill is approved, the law is expected to go into effect on June 30.