<ul data-eligibleForWebStory="false"><li>Revolut temporarily suspended all cryptocurrency services in Hungary after the Hungarian government declared crypto transactions illegal.</li><li>Revolut released an official update on July 9, confirming the suspension and addressing concerns from affected users.</li><li>Existing Revolut accounts in Hungary are not affected by the suspension; new sign-ups have been paused due to regulatory changes aligning with EU standards.</li><li>Revolut is working to obtain a MiCA license to resume crypto services in Hungary; existing funds in accounts remain safe and secure.</li></ul>

Crypto News: Revolut Freezes Crypto Accounts in Hungary Amid Sudden Ban

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