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The company cited legislative changes that took effect in 2026 as the reason behind the move.
While users can still transfer existing crypto assets to external wallets, fiat currency withdrawals are no longer automated; customers must now contact customer service for assistance, making the process significantly more cumbersome.
Meanwhile, Strike also announced its immediate exit from the Hungarian market in a message to users yesterday morning, likewise citing the changed regulatory environment.
The new rules, introduced at the end of 2025, require crypto-related activities to be conducted through a so-called validator, though the role and identity of these validators remain unclear.
Revolut and CashCoin previously halted their crypto services in Hungary in December. Strike, known for its fast Bitcoin transactions and user-friendly interface, told users they can manage their portfolios only until midnight, after which buy and sell functions will be disabled. Withdrawals will still be possible after that time, revb.hu reported.
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