Hungary

Hungary plans to allow banks, investment funds and asset managers to provide private and corporate clients with services in the digital asset market, Bloomberglaw reports. Currently, the Hungarian government has begun to coordinate the relevant draft law. It will allow financial institutions not only to conduct transactions...

Hungary has once again refused to support the allocation of a tranche of approximately €500 million from the European Peace Facility to EU member states, demanding the removal of the Hungarian OTP Bank from the list of “war sponsors”. The announcement was made by...