According to Bloomberg Law, Hungary plans to allow banks, investment funds and asset managers to offer Bitcoin and cryptocurrency services.

In the prepared draft law, the Hungarian government’s banks BTC It was stated that it will allow the company to provide cryptocurrency services.

Ministry of Economy According to the draft law prepared by , the regulation on cryptocurrency services was prepared as part of the effort to adopt the relevant EU legislation.

The central bank will be responsible for regulating crypto services in Hungary.

If the bill becomes law, the crypto regulation in question will be It is planned to come into force on June 30.

*This is not investment advice.

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