Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Hungary removed mandatory third-party checks for crypto conversions. South Korea’s financial regulator said it plans to draft a consolidated crypto bill covering stablecoins and Core Scientific reported that second-quarter revenue more than doubled as AI colocation became its largest business

Hungary is rolling back strict crypto rules as CoinCash prepares to resume services after receiving authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation.

The Hungarian Parliament voted to repeal the country’s crypto validator requirement, removing mandatory third-party approval for certain crypto transactions, the Hungarian tax and legal publication Ado.hu reported on Tuesday.

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