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Greenland vs Hungary

Crypto regulation comparison

← Back to map | Greenland | Hungary
Greenland

Greenland

Hungary

Hungary

No Data
Legal

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Cryptocurrency is legal in Hungary and subject to a 15% personal income tax on gains. Hungary follows EU regulatory frameworks including MiCA. The MNB supervises crypto service providers, and the country has a growing blockchain and crypto ecosystem.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 15%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator MNB (Magyar Nemzeti Bank)
Stablecoin Rules -
Stablecoin Rules Regulated under EU MiCA framework
Key Points

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Key Points
  • 15% personal income tax on crypto gains
  • Additional social contribution tax may apply to certain crypto income
  • MNB supervises VASPs for AML/KYC compliance
  • MiCA framework applicable from December 2024
  • Hungary's tax rate on crypto is competitive within the EU
Sources

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Sources
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