Hungary is set to decriminalize crypto trading, according to The Block. The move would reverse Orban-era crypto rules that carried jail terms.

The practical fallout already showed up. The Block reports that platforms such as Revolut suspended crypto services after those rules took hold. That matters because it links the legal threat directly to real access friction, not just policy talk.

Decriminalization is not the same thing as a green light for every activity. But it does change the risk profile for people and companies operating in Hungary. If trading no longer sits in the criminal-law lane, firms can be less likely to treat the market as a compliance landmine.

The Block frames this as a policy reversal rather than a tweak. Orban-era rules didn’t just add paperwork. They created a jail-term backdrop. That is the kind of feature that tends to drive rapid operational pullbacks from consumer-facing apps.

What changes, based on The Block

The Block’s report centers on one specific shift. Hungary will decriminalize crypto trading.

That reversal would also undo, at least partly, the reason Revolut and similar platforms paused services, as described by The Block.

Why platforms reacted in the first place

When rules come with criminal penalties, companies don’t wait around to “interpret” their exposure. The Block notes that services were suspended in response to the Orban-era jail-risk framework.

Decriminalization reduces that pressure. It can make it easier for platforms to resume operations, or at minimum, to revisit their risk models without treating Hungary as a probable enforcement problem.

The open question: what replaces the old rules

The Block’s excerpt does not list the new regulatory framework, or whether Hungary will move the activity into civil or administrative enforcement instead of criminal law.

For users, the near-term effect is likely simpler. If the trading conduct stops carrying jail terms, the day-to-day legal fear drops. For businesses, the bigger test will be what compliance requirements follow the repeal, not just what penalty bucket gets removed.

For now, the takeaway from The Block is plain. Hungary is rolling back the sharpest part of the Orban-era approach that pushed major platforms out.