Greece is moving toward a dedicated tax framework for cryptocurrency, with a draft bill proposing a 10% levy on individuals’ capital gains. The plan includes a €500 annual exemption and would also set rules for income earned through staking, lending and liquidity provision.
What Greece’s proposal includes
The draft was published by Greece’s Ministry of National Economy and Finance on Wednesday. Under the proposal, annual cryptocurrency gains of up to €500 ($559.95) would not be subject to the capital gains tax. Gains above that threshold would face a flat 10% rate.
Crypto-to-crypto exchanges would also be excluded from capital gains taxation under the draft. The measure would therefore distinguish between swapping one digital asset for another and realizing gains in circumstances covered by the proposed tax rules.
Returns from staking, lending or providing liquidity would be taxed separately at a flat 10%, according to the proposal. These activities generally involve using crypto assets to earn a return rather than simply holding them.
The ministry said the bill would address a legislative gap in Greece’s treatment of crypto taxation. It has proposed a 12-month period after the law’s publication during which taxpayers could voluntarily declare crypto gains realized in the past without penalties.
Consultation and parliamentary timetable
The draft remains a proposal rather than an enacted tax rule. Public consultation is scheduled to close on Oct. 22, and the ministry aims to bring the bill to parliament for a vote in the first week of November.
The proposed rate would be lower than some comparable rates elsewhere in Europe. Austria introduced a 27.5% tax on cryptocurrency gains in March 2022, while France implemented a 30% flat tax on individual crypto capital gains in December 2018.
Germany has also been reported to be considering changes. In September, its Federal Ministry of Finance reportedly circulated a draft proposal that would apply the standard 25% flat-rate tax to cryptocurrency trading profits from 2028. Under Germany’s current law, gains on crypto assets held for more than 12 months are generally tax-free.
According to Cointelegraph, Greece’s initiative comes as European governments develop more formal approaches to digital-asset taxation and reporting.
EU reporting rules add transparency requirements
Greece is among the European Union countries required to implement the eighth amendment to the Directive on Administrative Cooperation, known as DAC8. The measure expands automatic information sharing between national tax authorities to include crypto transactions.
From Jan. 1, 2026, crypto service providers must collect transaction information on EU users. National authorities are required to complete their first cross-border exchanges covering activity during 2026 by Sept. 30, 2027.
DAC8’s reporting framework is based on the Organisation for Economic Co-operation and Development’s Crypto-Asset Reporting Framework. Greece joined a multinational commitment in November 2023 to implement that framework and begin information exchanges by 2027.
Moneyiar market picture
Moneyiar market data at the stated times showed mixed performance among the listed crypto assets:
- CAP was priced at $0.071770535 at 09:14 on Oct. 8, 2026, down 17.38% over 24 hours and 3.65% over seven days.
- Billions Network (BILL) stood at $0.0139971939 at 01:39 on Sept. 21, 2026, down 0.59% in 24 hours but up 10.04% over seven days.
- Propy (PRO) was $0.3476832917 at 09:04 on Oct. 8, 2026, down 4.62% over 24 hours and 3.06% over seven days.
- Infinity Ground (AIN) was $0.1025293171 at 01:39 on Sept. 16, 2026, down 31.28% over 24 hours and up 48.1% over seven days.
