Revolut has confirmed that it will completely cease providing cryptocurrency services to its Hungarian clients. Users have until December 18 to decide whether to sell or transfer their tokens from the platform.

With this statement, Revolut closes a turbulent chapter that began in July 2025, when the company unexpectedly suspended cryptocurrency services for Hungarian users due to new internal and international regulations requiring additional permits. At that time, experts estimated that several hundred million forints worth of cryptocurrency was stuck on the platform.

Starting December 6, users are only allowed to perform two actions: transfer their tokens to an external wallet or sell them for fiat currency.

Purchasing new assets, staking, token deposits, and the "Learn and Earn" feature have already been disabled. Revolut has begun the automatic termination of staking contracts to close all obligations by mid-December.

The deadline for clients to sell or withdraw their assets is December 18. If they take no action, Revolut will liquidate the assets at market rate and credit the balance to their account.

The company is forced to leave Hungary even though its Cypriot subsidiary obtained a MiCA license in October. However, local regulations do not allow for the full resumption of trading. Furthermore, next year the country's authorities plan to tighten control over digital assets even more.

In September, Minister of National Economy Márton Nagy introduced two bills aimed at increasing tax revenues from sectors that are difficult to control: Airbnb rentals, courier services, gig economy work, and cryptocurrency trading.