Hungary under MiCA scrutiny

[encrypted]

Hungary also received a formal notice from the EU for non-compliance with the Markets in Crypto Assets (MiCA) framework.

Some crypto services paused or stopped offerings under a Hungarian law amendment, but the European Commission stressed that AML measures must align with MiCA. Authorities have two months to respond.

[johnblockbuster]

12 eu countries under formal notice… sounds like a reminder that tax reporting isn’t optional