Hungary Enacts Restrictive Crypto Laws, Revolut Suspends Services

The cryptocurrency regulatory landscape in 2025 is marked by significant developments across multiple countries. In the U.S., regulatory clarity is anticipated with the passage of key legislation including the Genius Act, Stablecoin Act, and measures to prevent a central bank digital currency, aiming to secure America's leadership in the Web3 space and protect consumers, as emphasized by Congressman Brian Steil. Investor Kevin O'Leary views these regulatory shifts positively, interpreting them as a transition towards a more stable and mainstream future for crypto assets. Contrastingly, Hungary has enacted some of the world's most restrictive cryptocurrency laws, criminalizing unauthorized crypto trading with severe prison sentences, causing companies like Revolut to suspend crypto services there. Meanwhile, Mexico is gradually evolving its fintech and digital asset regulations with a focus on consumer protection and financial inclusion, led by the Bank of Mexico's efforts to launch a digital currency by the end of 2025. These developments highlight a global trend toward balancing innovation with regulatory oversight in the cryptocurrency sector.