Greece is preparing to introduce a 10% capital gains tax on profits from selling or transferring cryptocurrencies, according to draft legislation published for public consultation.
The proposal would exempt the first €500 in annual gains. Income from staking, lending and liquidity provision would also be taxed at 10%, treated as interest. Swaps between cryptocurrencies would not trigger an immediate taxable gain.
The finance ministry said the rules would end the current lack of a clear framework for taxing crypto profits. Taxable gains would be calculated as the difference between acquisition cost and sale price, with rules for average cost on multiple purchases.
The draft is expected to go to parliament in November. It also includes a 12-month window for individuals to declare previously realised gains without penalties.
Greece’s move comes as EU countries apply varying crypto tax rates and as the bloc’s DAC8 rules require crypto platforms to report user data from 2026. The government has not issued a revenue estimate, noting that many Greek investors use foreign platforms.
Bill Giannopoulos
Junior Editor
Bill Giannopoulos is a Junior Editor at Greek City Times, covering Greek and international news, sport, and history.