Hungary repealed an additional authorization requirement for crypto conversions in August 2026 after the European Commission found the measure incompatible with MiCA. The repeal allowed platforms such as Bitvavo to reopen services for Hungarian customers, while Revolut’s information continued to describe a shutdown when checked on November 13. MiCA lets authorized companies operate across EU countries without local licenses, but deposit, withdrawal and payment methods still vary by market and by the entities involved. Apps may also combine crypto, cash and investment products supplied by separate companies, each subject to its own rules and authorizations.
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