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Revolut said the move is necessary to “maintain compliance” and meet local regulatory requirements. While Revolut Digital Assets Europe Ltd. has received the necessary authorization from the Cyprus Securities and Exchange Commission (CySEC) under MiCA, the EU’s new regulatory framework for crypto assets, this paradoxically does not expand services in Hungary but instead leads to a complete shutdown for local users.
Revolut added that thanks to the newly acquired licenses, access will temporarily reopen — but only so users can remove or liquidate their remaining crypto assets.
The date Revolut users must mark in their calendars is December 18, 2025. Until then, Hungarian customers can take action on any crypto holdings, according to the website.
During this transition period, users may sell their existing crypto assets and convert them to fiat currency. They may also conduct on-chain withdrawals by transferring supported crypto assets to an external wallet. According to the notice, if users do nothing by the deadline, Revolut will automatically sell their crypto holdings at the prevailing market price, credit the proceeds to their standard account, and permanently close their crypto account.
Some functions have already been disabled as Revolut begins the service wind-down in Hungary. Users can no longer purchase new crypto assets, earn crypto through the “Learn & Earn” courses, or deposit crypto to their Revolut account, although previously received balances can still be withdrawn.
For users who participated in staking services, Revolut set a separate deadline. As of December 10, 2025, at 15:00 GMT, the company will automatically “unstake” all locked balances. New staking positions can no longer be initiated. The app will show how long the release process is expected to take, but Revolut said all staking arrangements will end by mid-December, the report noted.
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