Revolut brings back crypto staking for Hungarian users today.
In recent developments, Revolut has restored access to its crypto staking feature for customers in Hungary. The online banking service had temporarily stopped many cryptocurrency services this month. The pause was issued after the introduction of new legal measures in Hungary, which introduced serious penalties for trading cryptocurrencies on unlicensed platforms.
Regulators in Hungary have taken firm steps to oversee digital assets more closely in recent weeks. These regulations required service providers to meet a set of new legal standards for verifying clients. As a result, Revolut had to suspend crypto transactions and staking activities to assess how these changes would impact their operations.
Once company analysts finished a thorough review of the new Hungarian legislation, Revolut determined it was possible to reintroduce staking for its local users.
The company explained that the updated Hungarian law specifically targets crypto-asset exchanges.
Staking, which allows token holders to support blockchain operations and receive token rewards, is now reactivated within Hungary through Revolut’s app. Customers can earn staking rewards by participating in the blockchain network and can withdraw or stop at any time as they wish.
At this time, other crypto features from Revolut remain unavailable in Hungary. While new crypto deposits are not allowed, users with coins already in their accounts may still transfer funds to external wallets.
Revolut has clarified that these restrictions are a direct result of Hungary’s legal changes, and their team is focused on keeping up with the shifting regulatory environment. The banking company is also working on meeting requirements set by the wider European Union, specifically the Markets in Crypto Assets framework which governs crypto firms across the bloc.
The EU’s Markets in Crypto Assets, known as MiCA, sets uniform standards for licensing and operating digital asset firms within Europe.
Revolut must secure a MiCA license in at least one EU country before being able to expand all services to the entire region. Right now, this regulation temporarily blocks new clients in several states including Hungary, the Netherlands, Finland, Latvia, and Slovenia.
These countries have paused new crypto accounts through Revolut starting June 30. The company continues to support its current users and is actively working toward full compliance across the European Union.
The recent changes highlight how rapidly the digital currency space is responding to legal updates. For customers in Hungary, these shifts mean renewed access to some services, although many features are still paused.
The resumption of staking signals some flexibility within the new Hungarian rules. Until further notice, however, only previously deposited crypto tokens or assets can be withdrawn or moved between wallets on the platform.
Participants may now resume blockchain staking to earn rewards, taking advantage of ongoing developments as law and technology continue to intersect. Anyone interested in expanding their involvement with digital assets can Start Cloud Mining, unlocking future earning opportunities through decentralized finance as regulations adapt in real time.
As the situation continues to evolve, local and international firms alike are keeping a close eye on how regulatory details will shape availability and innovation for digital finance.
Conclusion
Revolut’s reopening of crypto staking for Hungarian users reflects their careful approach to legal compliance while maintaining key services. Even with some restrictions still in place, customers are once again able to participate in blockchain staking activities and manage their existing assets through the app.
The banking platform’s commitment to quickly addressing regulatory changes shows how the industry is working to balance user access with emerging guidelines. Over time, companies like Revolut may help pave the way for clearer, more consistent digital asset policies across Europe, helping users adapt to this dynamic and expanding market.
Ewan’s fascination with cryptocurrency started through his curiosity about innovative technologies reshaping the financial world. Over the past four years, he has specialized in cloud mining and crypto asset management, diving deep into mining contracts, profitability analysis, and emerging trends. Ewan is dedicated to helping readers understand the technical and economic aspects of crypto mining, making complex information accessible and actionable.
