Hungary’s central bank sees no rush in launching CBDCs
Hungary is following other countries in launching a CBDC, but its central bank says it is in no rush to set the program in motion, citing the lack of motivation from banking regulators.
Hungary is following other countries in launching a CBDC, but its central bank says it is in no rush to set the program in motion, citing the lack of motivation from banking regulators.
A Memorandum of Understanding (MOU) was signed by the Thai Fintech Association (TFA) and the Hungarian Blockchain Coalition on October 25.
Authorities in Hungary are weighing proposals which would slash the applicable rate of tax on digital currency gains down from 30.5% to just 15%.