hungary News and Articles

György Matolcsy, the governor of the Hungarian National Bank (Magyar Nemzeti Bank in Hungarian) said at a press conference that it's time for the European Union to act upon crypto, and ban crypto trading and mining activities. Last year, the government of China announced all crypto activities as...

First time in history, BTC architect Satoshi Nakamoto's statue will be raised. The place is going to be the capital of Hungary. The sculpture's face features a mirror-like surface with a hoodie. Thus, designers Réka Gergely and Tamás Gilly build Satoshi's image which symbolizes his...

Back in 2014, the Hungarian Central Bank urged citizens not to invest in bitcoin and other cryptocurrencies. According to the regulator, investing in digital assets is an extremely risky venture. BTC and other virtual coins show a wide range of price fluctuations, and the investor risks losing all...