Hungary Plans to Decriminalize Crypto Trading After Orban-Era Restrictions
Hungary plans to decriminalize crypto trading, according to reporting from Bloomberg and the state news agency MTI, marking a potential reversal of restrictions introduced under former Prime Minister Viktor Orban. The reported shift would ease rules that created criminal exposure around cryptoasset conversions.
Polymarket Hit by Fresh Europe Crackdowns as Hungary, Portugal Block Access
Polymarket, a blockchain-based prediction market, faced a new wave of regulatory pressure in mid-January 2026 after Hungary and Portugal moved to restrict access, framing paid prediction markets as unlicensed gambling. The immediate risk is operational: domain blocks, cease-and-desist timelines, and ISP-level enforcement can fragment access and liquidity in ways that directly impact execution quality.