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Hungary Passes Bill Easing Crypto Regulation

Guavy AI Editorial Team
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Hungary's parliament has taken a significant step towards embracing cryptocurrencies by passing Bill T/305, which eases regulation and supports crypto adoption.

The bill, passed with 143 votes in favor and 46 against, eliminates the requirement for traders to obtain clearance from government-approved verifiers before trading cryptocurrencies.

This move is a welcome change for the crypto community, as it will make it easier for people in Hungary to access and trade digital assets.

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