Crypto license in Hungary

Hungary is emerging as a promising destination for crypto businesses, offering a favorable regulatory environment and attractive incentives. Whether you're planning to establish a cryptocurrency exchange or manage crypto wallets, obtaining a crypto license in Hungary can pave the way for success.

Why Choose Hungary for Your Crypto Business?

1. Progressive Regulatory Framework:

- Hungary has introduced comprehensive legislation to regulate crypto activities, ensuring legal certainty and investor protection.
- The National Bank of Hungary oversees the licensing process and promotes a secure and transparent crypto ecosystem.
2. Competitive Tax Incentives:
- Hungary offers a competitive tax regime, including a corporate tax rate of 9%, making it highly attractive for crypto companies seeking tax optimization.
- Crypto-related activities are exempt from VAT, providing additional cost advantages for businesses.

3. Growing Crypto Market:

- Hungary's crypto market is experiencing steady growth, with increasing adoption and interest from investors.
- The country's strategic location in Central Europe serves as a gateway to expanding your crypto business across the region.

Types of Crypto Licenses Available in Hungary:

1. Crypto Exchange License:

- Allows your company to operate a cryptocurrency exchange platform, facilitating the trading of digital assets.
- Enables seamless conversion between fiat currencies and cryptocurrencies, providing liquidity to users.
2. Crypto Wallet Provider License:

- Permits your company to offer secure crypto wallet services, ensuring the safe storage and management of digital assets for clients.
- Gives customers peace of mind knowing their cryptocurrencies are protected with robust security measures.

Requirements for Obtaining a Crypto License:

- Establish a legal entity in Hungary and fulfill the incorporation process.
- Demonstrate compliance with anti-money laundering (AML) regulations and implement robust know-your-customer (KYC) procedures.
- Maintain a reliable infrastructure with adequate security measures to safeguard users' funds.
- Meet the reputation criteria for company directors and shareholders, ensuring a high level of professionalism and integrity.

Partner with Demire Inc for Your Crypto License in Hungary:

Demire Inc offers comprehensive services to assist you in obtaining a crypto license in Hungary. Our team of experts will guide you through the entire process, from company incorporation to fulfilling regulatory requirements. With our in-depth knowledge and experience in the crypto industry, we ensure a smooth and efficient licensing procedure.

Start your crypto journey in Hungary today and tap into the country's growing crypto market. Contact Demire Inc to discuss your requirements and unlock the potential of your crypto business.