The Hungarian crypto-asset market may be on the verge of a significant turning point: last week, the Ministry of Finance submitted for public consultation a proposal to amend the Act on the Market of Crypto-assets, which would abolish the much-debated validation requirement introduced last year, together with the related system of criminal liability. The proposed amendment marks a significant step towards re-aligning the Hungarian crypto regulatory framework with the EU's MiCA regime. By removing the additional Hungarian validation requirement, the government would eliminate one of the main regulatory barriers that previously discouraged investors and foreign crypto-asset service providers from entering the Hungarian market.

The world of corporate financing has undergone a significant transformation in recent years. While traditional bank lending remains a dominant external source of funding for businesses, alternative, capital market-based financing channels are playing an increasingly important role. This trend is further reinforced by the introduction of a new market participant from April 2026: the loan originating investment fund, which provides access to funding for companies that would not be able to obtain financing in the traditional banking market.