---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "legal"]
aliases: ["HU", "HUN", "Magyarország"]
created: 2026-09-15
updated: 2025-12-01
compile_into: ["[[country--hungary]]"]
sources:
  - name: "Magyar Nemzeti Bank"
    url: "https://www.mnb.hu"
    type: "official"
  - name: "PwC Worldwide Tax Summaries: Hungary income determination (crypto)"
    url: "https://taxsummaries.pwc.com/hungary/individual/income-determination"
    type: "secondary"
---

# 🇭🇺 [[country--hungary|Hungary]] (HU): Crypto Regulation

> Hungary has a clear and legal regulatory framework for cryptocurrencies, governed primarily by the Markets in Crypto-Assets Regulation ([[concept--mica|MiCA]]) and supplemented by national laws such as Act VII of 2024 and Act LXVII of 2025. The Hungarian National Bank (MNB) oversees financial stability and crypto market supervision.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Enforcement Level | Low |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--huf|HUF]] |
| Adoption Rank | #36 |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 15% capital gains tax on crypto assets |
| Capital Gains (Corporate) | 9% corporate tax applies to crypto gains |
| VAT on Crypto | No |
| Mining Tax | Mining income taxed as business income at 9% corporate tax or 15% personal income tax depending on entity |
| Staking Tax | Taxed as income at 15% personal income tax rate |
| Airdrop Tax | Considered taxable income at 15% personal income tax rate |

Hungary taxes crypto capital gains at 15% for individuals and 9% corporate tax for companies. VAT does not apply to crypto transactions. Staking rewards, mining income, and airdrops are taxed as income.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | MNB + SARA |
| Framework | Markets in Crypto-Assets Regulation (MiCA) and Act VII of 2024 (Crypto Asset Market Act) |
| Ease | medium |
| Cost | $15,000 - $100,000 |
| Timeline | 4-10 months |

Crypto service providers must obtain licenses under MiCA and national laws. Licensing process is moderately complex with standard AML/KYC requirements.

## Laws & Regulations

| Name | Year | Status | Scope |
|------|------|--------|-------|
| [Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCA)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114) | 2023 | active | supranational |
| [Regulation (EU) 2023/1113 on Transfer of Funds and Certain Crypto-Assets (TFR)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1113) | 2023 | active | supranational |
| [Council Directive (EU) 2023/2226 (DAC8)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023L2226) | 2023 | active | supranational |
| [Regulation (EU) 2022/2554 on Digital Operational Resilience for the Financial Sector (DORA)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32022R2554) | 2022 | active | supranational |
| [Directive (EU) 2018/843 (5th Anti-Money Laundering Directive)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32018L0843) | 2018 | active | supranational |
| [Directive (EU) 2018/1673 on Combating Money Laundering by Criminal Law (6AMLD)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32018L1673) | 2018 | active | supranational |
| [Regulation (EU) 2024/1624 on Anti-Money Laundering Requirements (AML Regulation)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32024R1624) | 2024 | active | supranational |
| [Commission Delegated Regulation (EU) 2024/2795 supplementing MiCA](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32024R2795) | 2024 | active | supranational |

Establishes a comprehensive EU framework for crypto-asset service providers (CASPs), stablecoin issuers (ART/EMT), and trading platforms; prohibits market abuse in crypto-assets; full application from 30 December 2024.
Extends FATF Travel Rule to crypto-asset transfers; requires CASPs to collect and transmit originator/beneficiary information for all transfers, removing the EUR 1000 threshold; applies from 30 December 2024.
Amends Directive 2011/16/EU to require mandatory automatic exchange of information on crypto-asset transactions held by EU tax residents; CASPs must report to national tax authorities from 1 January 2026.
Mandates ICT risk management, incident reporting, third-party provider oversight, and digital operational resilience testing for financial entities including CASPs covered by MiCA; applies from 17 January 2025.
First EU directive to bring crypto-asset exchange services and custodian wallet providers within AML/CFT scope; introduced KYC obligations and registration requirements for Virtual Asset Service Providers.
Harmonises criminal-law definitions and penalties for money laundering across EU member states; establishes minimum custodial sentences and corporate liability rules applicable to crypto-related ML offences.
Replaces 5AMLD/6AMLD with a single AML Regulation directly applicable in all member states; tightens KYC/CDD requirements for CASPs and sets EUR 1000 cash-equivalent threshold for crypto transactions; phased application 2027.
MiCA Level 2 delegated act setting regulatory technical standards on information requirements and procedures for competent authority notifications under MiCA; part of the MiCA implementation package applicable from December 2024.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | No |
| FATF Status | compliant |

## DeFi

**Status:** regulated

DeFi activities fall under the scope of MiCA and national regulations, requiring compliance with licensing and AML rules.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under MiCA and Hungarian crypto laws, requiring issuer authorization and compliance with financial regulations.

## NFTs

**Status:** no_rules

No specific NFT regulation

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.11/kWh |
| Renewable Energy | 30% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal with moderate electricity costs and a 30% renewable energy mix. Infrastructure supports data centers adequately.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 44/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |
| Sanctions Programs Active | No |

## Enforcement

MNB has issued warnings about unregistered crypto service providers. Enforcement capacity is developing.

## CBDC

| Field | Value |
|-------|-------|
| Status | pilot |
| Name | Hungary CBDC |
| Authority | Central Bank of Hungary (MNB) |
| Type | retail |

## FAQ

### Is cryptocurrency legal in Hungary?

Hungary has a clear and legal regulatory framework for cryptocurrencies, governed primarily by the Markets in Crypto-Assets Regulation (MiCA) and supplemented by national laws such as Act VII of 2024 and Act LXVII of 2025. The Hungarian National Bank (MNB) oversees financial stability and crypto market supervision.

### What is the FATF status of Hungary?

Hungary is classified by FATF as: compliant.

### Are VASPs licensed in Hungary?

Yes, licensing is required for VASPs.

### What is the AML/KYC regime in Hungary?

KYC is mandatory for crypto businesses.

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-09-15.*

**Sources:**
- [Magyar Nemzeti Bank](https://www.mnb.hu)
- [PwC Worldwide Tax Summaries: Hungary income determination (crypto)](https://taxsummaries.pwc.com/hungary/individual/income-determination)