Revolut Revives Crypto Staking in Hungary After Regulatory Green Light – Here’s Why It Matters
Hungarian crypto traders, rejoice—your idle digital assets just got a productivity upgrade.
The comeback kid: Revolut flips the staking switch back on after regulators drop the hammer (then pick it back up). No more watching your crypto collect dust while traditional banks offer 0.01% APY on savings accounts.
Behind the scenes: That 'regulatory review' likely involved some intense poker-faced negotiations between fintech disruptors and gray-suited bureaucrats. Spoiler—the house doesn’t always win.
Why Budapest? Hungary’s becoming Europe’s quiet crypto testing ground—lower scrutiny than Germany, less red tape than France. Perfect for fintechs playing regulatory arbitrage bingo.
The cynical take: Banks still think crypto’s a fad, but suddenly everyone wants to ‘protect investors’ when their 20-year mortgage monopoly gets disrupted. How… convenient.
Staking’s back. The revolution won’t be centralized.