Revolut Reintroduces Crypto Staking in Hungary Following Regulatory Pause
Introduction: Revolut Resumes Crypto Staking for Hungarian Users
In a significant move for European crypto investors, Revolut has officially reintroduced cryptocurrency staking services in Hungary after a temporary regulatory pause. The fintech giant, known for its multi-currency banking and crypto trading features, had previously suspended staking in certain jurisdictions due to evolving compliance requirements.
This reinstatement signals a positive shift in Hungary’s regulatory stance toward crypto staking and reinforces Revolut’s commitment to expanding its digital asset offerings. For Hungarian users, this means renewed access to passive income opportunities through proof-of-stake (PoS) cryptocurrencies like Ethereum (ETH), Cardano (ADA), and others supported on the platform.
Below, we explore the details of Revolut’s staking relaunch, the regulatory landscape in Hungary, and what this means for crypto investors in the region.
Why Did Revolut Suspend Crypto Staking in Hungary?
Revolut initially paused crypto staking services in Hungary—along with several other European markets—in response to tightening regulations around digital asset services. The European Union’s Markets in Crypto-Assets (MiCA) framework, set to fully roll out by 2025, has prompted financial institutions to reassess their compliance strategies.
During the suspension, Revolut worked closely with regulators to ensure its staking product aligned with local laws. The reintroduction suggests that the company has either received explicit approval or determined that its offering now meets regulatory expectations.
Comparison with Other Jurisdictions
- UK & US: Revolut continues to face stricter scrutiny in these markets, where regulators have taken a more cautious approach toward crypto staking.
- EU-Wide Impact: MiCA’s phased implementation means other EU nations may follow Hungary’s lead in re-enabling staking services once compliant frameworks are established.
How Does Revolut’s Crypto Staking Work?
Revolut offers an accessible staking feature within its app, allowing users to earn rewards on select PoS cryptocurrencies without needing technical expertise. Here’s how it functions:
- Supported Assets: Users can stake coins like Ethereum (ETH), Cardano (ADA), Tezos (XTZ), and Polkadot (DOT).
- Simplified Process: Unlike running a validator node independently, Revolut pools user funds and handles the staking mechanics on their behalf.
- Reward Structure: Yields vary by asset but typically range between 2%–11% APY, distributed periodically.
- Lock-Up Periods: Some assets require a short unbonding period before funds can be withdrawn.
Comparison with Competitors
| Platform | Supported Assets | APY Range | Lock-Up Period |
|----------------|------------------|-----------|----------------|
| Revolut | ETH, ADA, XTZ | 2%-11% | Varies |
| Kraken | ETH, DOT, SOL | 3%-20% | Flexible |
| Coinbase | ETH, ADA | 3%-5% | 1-2 weeks |
Revolut’s advantage lies in its seamless integration with traditional banking services, making it ideal for casual investors seeking convenience.
Hungary’s Evolving Crypto Regulatory Landscape
Hungary has taken a measured approach to cryptocurrency regulation, balancing innovation with consumer protection. Key developments include:
- Taxation Policies: Hungary treats crypto as an asset rather than a currency, subjecting gains to a 15% flat tax rate—lower than many EU counterparts.
- MiCA Compliance: As part of the EU, Hungary will adopt MiCA regulations by 2025, ensuring standardized rules for crypto service providers.
- Central Bank Stance: The Hungarian National Bank has expressed cautious optimism about blockchain technology but warns against speculative trading risks.
The reintroduction of staking suggests regulators are becoming more comfortable with PoS mechanisms as long as platforms adhere to transparency and security standards.
What This Means for Hungarian Crypto Investors
For Hungarian users, Revolut’s staking relaunch provides:
✅ Passive Income Opportunities – Earn yields on idle crypto holdings effortlessly.
✅ Regulatory Clarity – Confidence that the service complies with local laws.
✅ Broader Adoption – Easier access may encourage more mainstream participation in crypto staking.
However, investors should remain aware of:
⚠️ Market Risks – Crypto prices are volatile; rewards may not offset depreciation.
⚠️ Platform Dependence – Unlike decentralized staking, users rely on Revolut’s infrastructure and policies.
Conclusion: A Step Forward for Crypto Accessibility in Europe
Revolut’s decision to resume crypto staking in Hungary reflects broader progress toward regulatory clarity in the EU under MiCA. For Hungarian investors, this means regaining a streamlined way to participate in blockchain-based passive income—a significant win for accessibility and adoption.
What to Watch Next:
- Will other EU nations follow Hungary’s lead as MiCA implementation progresses?
- How will Revolut expand its staking offerings ahead of Ethereum’s upcoming upgrades?
- Could this signal a shift in how traditional fintech firms integrate DeFi-like features?
As the regulatory landscape matures, expect more financial institutions to cautiously embrace crypto services—making products like Revolut’s staking feature a key bridge between traditional finance and decentralized ecosystems.