MiCA licence in Hungary: MNB

Who authorises CASPs in Hungary?

Magyar Nemzeti Bank (MNB) is the competent authority for the crypto-asset service provider rules in Title V of MiCA when Hungary is the home state. It receives Article 62 applications, decides on Article 63 authorisation and receives Article 60 notifications from eligible financial entities.

Lead CASP authority

MNB

Magyar Nemzeti Bank (MNB)

Transition ended

30 June 2025

Hungary used a shortened six-month transition.

Authorities in ESMA’s CASP file

None

No entry with Hungary as home state

White papers notified here

1

1 other crypto-assets (Title II), 0 e-money tokens (Title IV)

The authority link opens the official regulator site. ESMA publishes the interim MiCA register that this page reads, and the searchable CASP register holds every entry from it. The 1 crypto-asset white paper notified in Hungary are listed with the rest of the Title II notices.

CASPs authorised in Hungary

ESMA’s CASP data dated 6 October 2026 lists no current entry with Hungary as home state. The zero does not show whether the authority accepts applications, and it does not let a firm operate without authorisation. Residents can use firms from other EEA states that notified Hungary as a host state, listed below.

Firms passported into Hungary

In all, 171 firms authorised in another EEA state may serve residents of Hungary. Each one lists Hungary as a host state for at least one current service in ESMA’s file, through the Article 65 cross-border notification route. Most come from Cyprus (19), the Netherlands (19), Malta (18) and France (16).

Tracked exchanges in Hungary

We track 52 licensed exchange and broker brands. The groups below sort them by ESMA’s home and host states for Hungary.

A missing notification means ESMA’s file names no service in Hungary for that legal entity. The brand may still reach Hungary through another group entity or a later notification, so check the record before you rely on it. Platforms in the last group restrict EEA services or are still applying; see exchanges without a MiCA licence.

Article 110 warnings

ESMA’s Article 110 file dated 16 September 2026 holds no entry reported from Hungary. The file is a warning dataset and not a complete list of unauthorised firms.

The MiCA warning list shows every entry with its reporting state and date.

How to apply for a MiCA licence in Hungary

A firm with its registered office and effective management in Hungary applies to MNB for authorisation under Article 63. The Article 62 file covers the services in scope, governance, at least one EU-resident director, prudential safeguards, safeguarding of client assets, complaints handling and the business continuity and ICT controls that DORA requires.

Credit institutions, investment firms, e-money institutions, UCITS management companies, market operators and other entities listed in Article 60 can instead notify MNB of equivalent services. They must notify at least 40 working days before they first provide the services.

Article 67 sets the requirement at the higher of the Annex IV minimum or one quarter of the previous year’s fixed overheads. The statutory periods cover the regulatory review only: preparation and questions from the authority add time. The CASP licence guide maps the services, documents and process, and the MiCA licence cost guide separates capital from fees and running costs.

Frequently asked questions

Sources