European Commission Opens Infringement Proceedings Against Hungary Over MiCA Non-Compliance
The European Commission has sent a letter of formal notice to Hungary (INFR(2025)2174) for failing to fully comply with the Markets in Crypto-Assets Regulation (MiCA, EU 2023/1114), after the Hungarian legislature adopted Act LXVII of 2025 introducing a crypto-asset exchange validation authorisation regime with criminal liability provisions