CoinDesk
Greece is preparing a 10% capital gains tax on cryptocurrency under a draft bill expected to reach parliament in November. The proposal would exempt annual crypto gains of up to €500 ($560), and is currently under public consultation.
Why it matters
The proposal reflects a broader effort to bring crypto taxation closer to the treatment of traditional assets such as stocks as digital assets become part of mainstream investment portfolios. At 10%, Greece’s proposed rate would be lower than rates of more than 25% set or planned by Germany, France and Italy.
Market impact
The practical reach of the tax remains difficult to estimate because many Greek investors use platforms based outside the country. Officials have not projected how much revenue the levy could raise.
For investors, the key details to watch are whether parliament approves the bill and how the final rules define taxable gains and the €500 exemption. The proposal signals greater formal recognition of crypto investment, while also bringing potential tax obligations into sharper focus.
Frequently asked questions
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What crypto tax rate is Greece proposing?
Greece is preparing a 10% capital gains tax on cryptocurrency under a draft bill.
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How much crypto gain would be exempt under the proposal?
Annual cryptocurrency gains of up to €500 ($560) would be exempt.
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When is Greece's proposed crypto tax bill expected in parliament?
The draft bill is expected to reach parliament in November.
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How does Greece's proposed rate compare with rates in Germany, France and Italy?
Greece's proposed 10% rate is lower than the rates of more than 25% set or planned by Germany, France and Italy.
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Why is it difficult to estimate the tax's potential revenue?
Many Greek investors use platforms based outside the country, and officials have not made revenue projections.
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