Greece is planning a regulation to tax crypto traders’ capital gains at a price of 15%, in keeping with stories.
In accordance with Reuters and local media, the nation’s Finance Ministry has drafted a invoice with the proposal. Greece at present has no authorized framework for taxing crypto.
Below the draft, the primary €500 (about $580) of crypto good points every year can be exempt.
The invoice would tax solely the web acquire when crypto is offered, after deducting buying and selling charges. Swapping one cryptocurrency for an additional, resembling bitcoin, wouldn’t set off the tax. It might apply solely when holdings are transformed into euros or one other fiat foreign money, or used to pay for items and providers.
Traders might carry losses ahead towards future crypto good points for as much as 5 tax years, and tokens earned by way of staking or lending can be taxed solely when offered.
The foundations would apply retroactively from January 1, 2025, that means good points from final yr onward can be declared on tax returns filed in 2027.
The invoice is because of be submitted to parliament in November.
Greece follows the EU’s Markets in Crypto-Property Regulation. The Hellenic Capital Market Fee authorizes and supervises crypto service suppliers, and the Financial institution of Greece handles prudential oversight of stablecoin issuers.
Licensing has been sluggish: no Greek suppliers appeared on the EU’s register till September, about two months after MiCA’s transitional interval ended on July 1.
Since January 2026, the EU’s DAC8 directive has required crypto exchanges to gather detailed information on their customers and transactions and report it to nationwide tax authorities, very like banks already do for abnormal accounts. Greece wrote these guidelines into nationwide regulation in Might.
Crypto tax therapy varies extensively throughout the bloc. Charges vary from 8% in Cyprus to 30% in France. Some international locations are extra lenient: Germany exempts crypto held for greater than a yr, and Portugal does the identical after one year.
