Hungary just scrapped one of Europe's harshest Bitcoin laws prison sentences for using unlicensed exchanges are gone, MiCA alignment is in, and platforms like Revolut can return. Meanwhile, Malaysia sits in regulatory limbo. No criminalization, sure but no clarity either. Hungary's U-turn shows what happens when governments realize punitive frameworks don't work: capital flees, innovation stalls, and eventually policy has to catch up to reality. SEA doesn't need to repeat Europe's mistakes. We can leapfrog straight to sensible regulation that protects people without killing opportunity. The question is whether we'll move before or after watching others learn the hard way. https://bitcoinmagazine.com/news/hungary-backs-away-from-bitcoin-laws #Bitcoin