Greece Proposes 10% Tax on Crypto Profits with Annual Exemption

Greece has proposed imposing a 10% tax on profits realized from cryptocurrencies, with an annual exemption of €500, under a draft law expected to be presented to parliament in November.

According to the draft bill published for public consultation late Thursday, the proposed tax will apply to gains resulting from cryptocurrency investments that exceed the annual exemption threshold.

Greece currently lacks a comprehensive legal framework specifically regulating the taxation of cryptocurrency profits.

Upcoming exemption
The government has not published an estimate of the revenue this proposed measure might generate, partly because many Greek cryptocurrency investors trade through platforms based outside the country.

Under the proposed legislation, investors who achieve annual capital gains from cryptocurrencies up to €500 will be exempt from the new tax.

Profits exceeding this limit will be subject to the proposed 10% tax regime, although available details do not precisely clarify how this threshold will be applied.

According to a report by "Crypto News," this measure remains in the draft stage and has not yet become effective law, as the public consultation process will precede its submission to the Greek Parliament in November, where legislators will review the proposed terms.

Greece previously operated without a comprehensive and dedicated system for taxing cryptocurrency gains, leaving the tax treatment of digital asset investments separate from specific rules applicable to many traditional financial assets.

The proposed legislation aims to establish a declared tax rate and approve an annual exemption for capital gains arising from cryptocurrencies.

However, the available summary of the draft does not specify how losses can be deducted, whether transfers between wallets will be taxed, or how cryptocurrency transactions will be valued for tax purposes.

This latest draft follows a previous proposal by the Greek Ministry of Finance aimed at imposing a higher tax rate on cryptocurrency profits.

Digital Assets Enter Tax System
Crypto News had previously reported in June 2026 that Greek authorities were preparing a plan to impose a 15% tax on capital gains from cryptocurrency investments, with the first €500 of annual profits exempted.

The previous plan targeted integrating digital assets into the country's tax system through dedicated legislation, with officials expecting a bill to be introduced in the following months, although the general framework was not complete at the time.

The new draft retains the €500 exemption threshold but sets a lower tax rate of 10%.

Available information does not explain why the proposed rate changed or whether other provisions of the previous plan have been modified.