'Short-Term Contraction' Expected as Hungary Adds Crypto Trading to Criminal Code

Hungary’s newly updated laws on cryptocurrency trading could have a negative impact on the domestic crypto market, according to the Blockchain Hungary Association. Kornél Kalocsai, the association’s president, was largely welcoming of the updated criminal code while speaking with Decrypt. The new regulations impose penalties for the operation and use of unlicensed cryptocurrency exchanges. These […] source: https://decrypt.co/330784/contraction-expected-hungary-crypto-trading-criminal-code