Revolut Unlocks Staking Again After Hungary Crackdown on Crypto
Revolut Reopens Crypto Staking in Hungary After Legal Review
Revolut, the popular digital bank, has resumed crypto staking services in Hungary, after a brief pause caused by new local regulations.
The move comes after a July 7 pause, when Hungary introduced a law that effectively banned crypto trading on unlicensed platforms. Revolut quickly suspended most of its crypto offerings in the country in response.
Now, after further legal analysis, staking is back — and Revolut customers in Hungary can once again earn rewards through the app by participating in blockchain staking.
What Happened in Hungary
New Law Causes Crypto Confusion
On July 7, a new Hungarian law came into effect, criminalizing trading on unlicensed crypto platforms. The language of the law caused concern among crypto platforms operating in the country, including Revolut.
Out of caution, Revolut suspended nearly all crypto services in Hungary, including deposits, withdrawals, and staking.
Legal Green Light for Staking
After a few weeks of legal review, Revolut determined that the law only applies to crypto exchanges, not staking services. A company spokesperson confirmed this in a statement to CoinDesk:
“After conducting further analysis in connection with its legal position, Revolut is able to resume staking services as only crypto-asset exchanges are captured by the revised legislation.”
What Revolut Crypto Users in Hungary Can (and Can’t) Do Now
What’s Available Now:
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Crypto staking: Customers can stake eligible tokens and earn rewards through the Revolut app.
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Withdrawals: You can still withdraw crypto and send it to an external wallet.
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Staking opt-out: Users can stop staking at any time.
Still Not Allowed:
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New crypto deposits: You can’t deposit new crypto into your Revolut account.
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Other crypto services: Trading and buying crypto are still paused for now.
So, while you can stake and earn rewards, new investments or top-ups are not possible at the moment.
Why Revolut Is Moving Cautiously in Europe
The MiCA Regulation Is Shaping the Future
Revolut is actively working to comply with MiCA (Markets in Crypto-Assets Regulation), the European Union’s sweeping new crypto law. This regulation requires crypto firms to hold a license in at least one EU country to operate across all 27 member states.
But here’s the catch: Revolut doesn’t have a MiCA license yet.
As a result, the company stopped opening new crypto accounts in:
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Hungary
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Netherlands
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Finland
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Latvia
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Slovenia
This suspension took effect on June 30, 2025, and remains in place as Revolut works to align with MiCA’s requirements.
What Is Crypto Staking and Why Does It Matter
If you’re unfamiliar, staking allows crypto holders to support blockchain networks by validating transactions. In return, participants earn staking rewards, usually in the form of more tokens.
Staking has become a popular passive income option for crypto investors, especially on proof-of-stake blockchains like Ethereum, Polkadot, and Solana.
Revolut’s move to reinstate staking in Hungary is significant because it shows how platforms can navigate complex regulations without completely cutting off services.
What This Means for the Future of Crypto in Hungary
The situation highlights two key trends:
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Crypto regulation in Europe is tightening.
With MiCA now in force, companies will need to adapt fast or risk being left behind. -
Staking may become a safer option than trading in heavily regulated markets.
Because staking isn’t classified as exchange activity under Hungary’s new law, Revolut could resume the service while still following the rules.
While this is good news for Revolut users, full access to crypto services — including trading and deposits — won’t return until Revolut gets licensed under MiCA.
A Small Win for Revolut Users in Hungary
Revolut’s decision to bring back staking in Hungary is a positive step for crypto users in the region. While the company still can’t offer trading or new deposits, staking offers a way for users to keep earning rewards on their existing assets.
As Revolut continues to work toward MiCA compliance, more features could return soon — giving hope to users in Hungary and other temporarily restricted markets.
For now, staking is back — and it may just be the beginning of a gradual return to full crypto services across the EU.
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