Is Bitcoin Legal in Hungary?
Yes. Bitcoin is legal in Hungary; strict 2025 rules that threatened unlicensed trading with prison were repealed in August 2026.
Legal and regulated · facts checked November 2026 · bitcoin is $77,615 today
| Status | Legal and regulated |
|---|---|
| Regulator | Magyar Nemzeti Bank (MNB) |
| Main law | MiCA, implemented by Act VII of 2024 on the crypto-asset market; 6-month transitional period ended 30 June 2025. The 2025 validation regime and its criminal offences were repealed by Act XXXVIII of 2026 (in force 7 Aug 2026). |
| Exchanges | Yes: MiCA CASP authorisation from the MNB or an EU passport. |
| Paying with bitcoin | Not legal tender (forint only); merchants may accept it voluntarily. |
| Banks | Yes; banks may serve or partner with licensed CASPs, and credit institutions can offer crypto services after notifying the regulator (MiCA Art. 60). |
| Tax | Crypto income is taxed at a flat 15% personal income tax (losses can be offset within limits). |
| Mining | Allowed. |
| Recent change | July 2025: new rules made 'unauthorised crypto exchange' a crime and required conversions to be validated; Revolut paused crypto services in Hungary, and the validation duty took effect 27 Dec 2025. 7 Aug 2026: Act XXXVIII of 2026 repealed the regime and the related crimes. |
Sources: cms.law · theblock.co · wolftheiss.com. Crypto rules change quickly; check with the regulator or a qualified adviser before acting. Not legal or tax advice.
Bitcoin in Hungary: FAQ
Is bitcoin legal in Hungary?
Yes: bitcoin is legal in Hungary; strict 2025 rules that threatened unlicensed trading with prison were repealed in August 2026.
Is bitcoin legal tender in Hungary?
Not legal tender (forint only); merchants may accept it voluntarily.
How is bitcoin taxed in Hungary?
Crypto income is taxed at a flat 15% personal income tax (losses can be offset within limits).
Who regulates crypto in Hungary?
Magyar Nemzeti Bank (MNB). Yes: MiCA CASP authorisation from the MNB or an EU passport.
Is bitcoin mining legal in Hungary?
Allowed..
Other Countries Where Bitcoin Is Legal And Regulated
ArgentinaArmeniaAustraliaAustriaBahrainBelgiumBoliviaBrazilBulgariaCambodiaCanadaCroatiaCyprusCzech RepublicDenmarkEl SalvadorEstoniaEuropeFinlandFranceGeorgiaGermanyGhanaGreece
Related: bitcoin's legal status in every country · bitcoin tax by country · travelling with bitcoin