Greece Approves 10% Tax on Cryptocurrency Gains

Greece’s parliament has approved a bill introducing a 10% capital gains tax on cryptocurrency profits, establishing the country’s first comprehensive legal framework for taxing crypto assets.

According to a Reuters report published by  on November 5, The bill, approved by parliament, exempts annual cryptocurrency capital gains of up to €500 ($563). Gains above that threshold will be subject to the 10% tax.

A senior Finance Ministry official told Reuters that the government will publish additional implementation directives in the coming weeks.

The directives will establish transparency and audit requirements for the tax. However, the Reuters report did not specify when the 10% rate will take effect or explain how investors will report their taxable gains.

What the Ministry’s draft bill set out

The parliamentary approval followed a draft bill that Greece’s Ministry of National Economy and Finance published for public consultation on October 7. The Ministry’s announcement said the proposed crypto tax rules aimed to address gaps in the taxation of digital assets.

The draft was part of a broader financial package focused primarily on private debt and oversight of loan servicers. It also included measures covering capital markets, banking supervision and other financial matters.

For cryptocurrency, the draft proposed a 10% tax on individual gains from crypto-asset transfers. Gains would generally be calculated as the difference between the purchase and transfer prices. It retained the €500 annual exemption and proposed that exchanging one crypto-asset for another would not trigger a taxable capital gain.

The proposal separately set a 15% tax on income from crypto lending, liquidity provision and staking, treating these returns as interest. It also included provisions covering transaction documentation, the valuation of crypto assets received as employee benefits or through inheritance and gifts, and voluntary declarations of gains from earlier transfers.

The public consultation was scheduled to close on October 22, with the government aiming to introduce the bill in parliament during the first week of November. Reuters’ November 5 report confirms parliamentary approval of the 10% capital gains tax but does not detail whether all the other draft provisions were retained in the final legislation.

How Greece’s crypto tax plan evolved

Greece initially considered a 15% tax on cryptocurrency gains.

In June 2026, The Crypto Times reported that the government was considering the 15% rate under proposed digital asset tax rules. That proposal included an exemption for the first €500 in annual gains and separate provisions for crypto mining activities.

The rate was reduced to 10% in the draft bill published for public consultation in October. As The Crypto Times reported on October 8, the proposal covered crypto-asset transfers and related income, with the consultation open until October 22.

Parliament’s approval on November 5 completes the shift from the earlier proposed 15% rate to the approved 10% capital gains tax.

Crypto tax rates vary across Europe

European countries continue to apply different tax rules to cryptocurrency gains, with no unified taxation system across the European Union.

According to Reuters, cryptocurrency tax rates across European countries range from 8% to 30%, with taxation generally applying to capital gains.

The Greek government has not estimated how much revenue the new tax could generate.

A senior Finance Ministry official told Reuters that Greece’s cryptocurrency market is difficult to measure because most investors use platforms based outside the country. This makes it harder for authorities to assess domestic crypto activity and estimate potential tax revenue.

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