Hungary News

Hungary has updated its Criminal Code, imposing potential prison sentences for those using or running unauthorized crypto exchanges.

Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since.

The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries.

Governor György Matolcsy concurs there is a need for the crypto ban currently imposed by China and proposed by Russia's central bank.

“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi.

Budapest is set to erect a life-size bronze statue depicting Bitcoin creator Satoshi Nakamoto. The face features a reflective surface that symbolizes the unknown identity of Satoshi.

Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022.

The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.

The Bank of England is keeping central bank digital currency research high on its 2020 agenda.

Publicly-backed VC firms are stepping in where private investors retreat, according to a new report on Central and Eastern European tech investments.