Hungary Now Imposes 2-Year Prison Sentence for Unauthorized Crypto Trading

Hungary Now Imposes 2-Year Prison Sentence for Unauthorized Crypto Trading

Hungary has officially criminalized unauthorized cryptocurrency trading, introducing strict penalties that could see individuals face up to two years in prison for engaging in unlicensed transactions. This new law, which took effect from July 2025, is part of a broader effort by Hungarian authorities to tighten control over the fast-growing digital asset sector and prevent […]

Bitcoin developer Satoshi Nakamoto’s statue goes up in Hungary

Bitcoin developer Satoshi Nakamoto's statue goes up in Hungary

Visitors to Budapest’s Graphisoft Park may now see a bronze statue of famed Bitcoin developer Satoshi Nakamoto. The statue is to encourage people to keep on dreaming big. András Gyrfi, the co-founder of the statue project and editor of crypto news site Kripto Akademia, addressed a crowd of journalists and Hungarian locals on Thursday before […]