Crypto▲ Bullish
Hungary drops crypto validation rule as CoinCash gets first MiCA license
Hungary repealed a 2025 crypto validation rule, letting MiCA licensing become the sole standard. CoinCash became the first Hungarian firm to secure a MiCA license under EU rules.
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Hungary has scrapped a rule requiring validation of crypto transactions, removing a national barrier that sat alongside the European Union's MiCA framework. The change comes as CoinCash, operated by Tiwala Solutions Kft., became the first Hungarian firm to receive a Markets in Crypto-Assets license under EU rules.
The validation requirement, introduced in late 2025, had created a parallel compliance track for firms operating in Hungary. Its repeal means MiCA licensing now serves as the primary regulatory standard for crypto service providers in the country, aligning Hungary more closely with the broader EU regime that took effect in December 2024.