Greece Moves to Tax Crypto Gains at 10% in First Digital Asset Framework

Greece wants to tax crypto gains at 10%, and it is writing the country's first real rulebook for digital assets to do it.

What the draft actually says

A draft bill published for public consultation proposes a 10% capital gains tax on cryptocurrency, with the first EUR500 of yearly gains exempt — roughly $560. The bill is due to reach the Greek parliament in November. Greece currently has no comprehensive legal framework for taxing crypto, so this is a starting point rather than a rewrite.

The rate got cheaper

Officials floated 15% in June, and the draft lands five points below that. One detail from that earlier round still matters: individual mining would not be taxed, while mining run by registered companies would be. That split signals how the government intends to treat hobbyists versus businesses.

Why the totals are hard to pin down

Greek officials say the size of the country's crypto market is difficult to estimate, because most investors use platforms based outside Greece. There is no official projection yet for how much the tax would raise. A rate means little without knowing the base it applies to.

Where Greece sits in Europe

Rates across the continent vary widely, from Cyprus at 8% to Italy at 33%. At 10%, Greece lands at the cheaper end of that range. For anyone with Greek tax residency, the practical work is record-keeping and timing — the EUR500 exemption is small enough that an active trader clears it long before the year ends.