Regulation· ★★★· neutral·

Hungary's central bank imposes two new crypto rules from October

  • —Recommendation 4/2026 requires pre-contract disclosure of networks, timing, fees and reversibility
  • —Recommendation 5/2026 mandates suitability checks on knowledge, experience, finances and risk tolerance
  • —Rules extend to AI advice; choosing costlier or complex products may need justification
  • —MNB has already issued its first MiCA licence after scrapping national validation
Why it matters: Hungary is shifting from restrictive validation to MiCA-based oversight, potentially luring Polymarket, Kalshi and Stake back to the market.
Source: BitcoinBázis