Revolut Resumes Crypto Staking Services for Customers in Hungary

Revolut has reinstated its crypto staking services for customers in Hungary after a temporary suspension due to new legal regulations. Key points include:

  • Services were paused on July 7 due to a law criminalizing trading on unlicensed crypto platforms.
  • Revolut resumed staking after confirming that only crypto-asset exchanges are affected by the legislation.
  • Customers can earn rewards through staking via the app and can stop at any time.
  • Other crypto services remain suspended, with no new deposits accepted, although existing deposits can be transferred.
  • Revolut is working to comply with the Markets in Crypto Assets (MiCA) legislation and currently does not hold a MiCA license.