Hungary Scraps Crypto Verification, Jail Terms to Align with MiCA

The notable shift here is less about crypto specifically than about enforcement philosophy: Hungary is trading a punitive, verification-heavy regime for one that defers to an EU-wide standard. That matters for anyone operating across European borders, since divergent national rules have been a compliance headache. The open question is whether other member states with their own stricter add-ons follow the same harmonizing path, or whether MiCA becomes a floor that national law keeps exceeding.