Greece Weighs 10% Crypto Capital Gains Tax in First Dedicated Framework

Greece is moving toward its first formal rules for taxing profits from digital assets, with draft legislation reported to set a 10% capital gains tax on cryptocurrency gains, according to Cointelegraph and CryptoBriefing. The proposal would introduce a dedicated tax framework for crypto in a market that has operated without clear guidance. Until now, there has been no specific statute in Greece defining how gains from buying, selling, or holding digital assets should be treated, leaving investors and traders in a regulatory gray zone. At 10%, the planned rate would sit on the lower end by European standards. Many European Union member states tax investment income at higher levels, and some apply capital gains rates to crypto similar to other assets, often well above 10%. A relatively light regime could be interpreted as an effort to bring activity under supervision without discouraging investment. The initiative comes as EU-wide crypto oversight tightens under the Markets in Crypto-Assets regulation (MiCA), which is pushing member states to provide clearer operational rules for crypto firms and market participants. Taxation remains largely outside MiCA's remit, leaving each country to set its own approach to crypto income. For Greek residents, a defined capital gains rule would add clarity and potentially strengthen enforcement, as tax authorities have historically faced difficulty policing crypto-related obligations without explicit definitions of taxable events. Key implementation details have not been reported, including how gains would be calculated, whether exemptions would apply, the effective date, and whether treatment would differ by asset type or holding period. Market impact: Clear rules may increase voluntary disclosure of crypto holdings among Greek taxpayers and could lead to new reporting duties for exchanges and platforms serving Greek users once legislation is finalized. The move also underscores a broader European trend of formalizing crypto taxation alongside MiCA's rollout, with cross-border rate comparisons likely influencing where crypto-focused investors and businesses choose to locate within the EU. Update (08 Oct 2026, 08:15 UTC): crypto.news reports the draft includes an annual exemption of €500 for crypto capital gains, meaning profits below that threshold would not be taxed. The outlet adds that the bill has been released for public consultation and is expected to reach parliament in November. Originally reported by AltcoinGordon; written by Amelia Brooks; republished with permission.