Hungary Non-Custodial Wallet — Compliant Development
Launch a non-custodial wallet in Hungary with compliance controls mapped to MNB and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Hungary · Non-Custodial Wallet
Hungary supervises crypto-asset service providers under MiCA through Magyar Nemzeti Bank (MNB). Firms offering exchange, custody, advisory, or other CASP services must obtain authorization and meet prudential, governance, and AML requirements before serving clients in the EU.
| Jurisdiction | Hungary |
|---|---|
| Regulator | MNB |
| Product | Non-Custodial Wallet |
Software
Built-in compliance controls
- Self-custody key generation and secure backup flows
- WalletConnect / chain signing with transaction simulation
- Optional KYC-gated features for regulated on-ramps
- Phishing protection and address allowlisting
- Privacy-preserving analytics for product ops (not user PII)
- Develop user-friendly interfaces for private key management
- Integrate optional KYC/AML verification for higher transaction limits
- Ensure compliance with local regulations regarding user data
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is a non-custodial wallet?
- A non-custodial wallet allows users to control their private keys and funds without a third-party custodian.
- How do I ensure compliance for a non-custodial wallet?
- Implement KYC/AML measures where applicable and ensure adherence to MNB regulations.
- Can I operate a non-custodial wallet without a license?
- While licensing may not be required for non-custodial wallets, compliance with AML regulations is still necessary.