UK-based digital banking giant Revolut has resumed limited cryptocurrency operations in Hungary, following a regulatory shutdown earlier this summer.Under Hungary’s new crypto law, individuals providing or using cryptocurrency services without a local license could face up to five years in prison. Companies involved in unlicensed crypto transactions may face sentences of up to eight years, depending on the value of the transactions. The law applies even to platforms licensed elsewhere in the EU.The fintech firm now allows users to deposit, release, and earn staking rewards through its app. Do you think that governments are afraid of losing control over money ?

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