- Greece has proposed a 10% tax on individual crypto capital gains, with gains of up to €500 per tax year exempt.
- The draft also covers staking, crypto lending and liquidity provision, while crypto-to-crypto swaps would not trigger capital gains tax.
Greece has proposed a 10% tax on individual cryptocurrency capital gains, with annual gains of up to €500 exempt from tax under a new draft law released for public consultation.
The proposal was published by Greece’s Ministry of National Economy and Finance on October 7, 2026, as part of a wider package covering private debt, financial markets and digital assets. The government says the crypto provisions are intended to close a gap in the country’s tax rules and establish a clear framework for how digital assets are treated.
Under the proposed rules, taxable gains would generally be calculated from the difference between the price at which a crypto asset was acquired and the price at which it was transferred. The draft also sets rules for documenting transactions and calculating the average acquisition price when the same asset is purchased multiple times.
The €500 exemption applies to total capital gains in a tax year, rather than to each individual transaction. Crypto-to-crypto exchanges would also not be treated as taxable capital gains under the proposal.
Staking and Crypto Income Also Covered
The draft goes beyond profits from selling cryptocurrencies. Income from crypto lending, liquidity provision and staking would be treated as interest and taxed at 10%.
The proposal also classifies crypto purchases as expenditure for acquiring assets under Greece’s tax-imputation rules. It sets valuation rules for cryptoassets received as benefits in kind by employees, partners or shareholders, while separate provisions cover cryptocurrencies received through inheritance, donations or parental transfers.
Greece is currently holding a public consultation on the draft, which is scheduled to close on October 22. The government plans to submit the legislation to Parliament and aims for a vote in the first week of November, meaning the 10% tax is not yet in force.
The latest proposal also marks a change from an earlier plan reported in June, when Greece was preparing a 15% tax rate with the same €500 annual exemption.
Greek authorities have not provided a revenue estimate for the proposed tax, saying it is difficult to measure the country’s crypto market because many investors use platforms based outside Greece.
Be the first to comment