Greece proposes 10% tax on crypto gains

TLDR

Greece has drafted its first dedicated crypto tax law, proposing a 10% levy on most individual crypto gains while exempting small annual profits.

1. The draft bill would tax individual crypto capital gains at 10%, with the first 500 of annual gains exempt and crypto-to-crypto swaps left untaxed.
2. Returns from staking, lending and liquidity provision would also face a 10% tax, and solo miners would generally be exempt, making Greece a mid-range EU jurisdiction for crypto tax.
3. The bill is in public consultation and due to go to parliament in November, reflecting wider EU moves to tighten reporting and taxation of digital assets.

Deep Dive

1. What Greece Is Proposing

Greeces Ministry of National Economy and Finance has published a draft bill that introduces a flat 10% capital gains tax on individual cryptocurrency profits above an annual 500 threshold, with smaller gains remaining tax free. CoinDesks summary and related reports confirm that this is a draft, not yet law, and is open for public consultation before a planned parliamentary vote in November.

Crucially, swapping one crypto asset for another would not be treated as a taxable event according to Cointelegraphs coverage. Tax would generally apply when crypto is converted to fiat or used to buy goods and services.

2. Impact On Greek Crypto Users

Under the proposal, gains are calculated as sale price minus acquisition cost, using average cost for assets bought in stages, and individuals would owe 10% on the taxable portion above 500. Income from staking, lending and providing liquidity on DeFi platforms would be taxed at the same 10% rate as interest. Independent solo miners are expected to be exempt, while corporate mining operations are taxed under ordinary corporate rules, as noted by Decrypts analysis.

There is also a 12 month window after the law takes effect in which taxpayers could declare past crypto gains without penalties, which may encourage regularization of older activity.

3. EU Context And What To Watch

Greece previously floated a higher 15% rate; the 10% figure now sits toward the lower end of the EU range, where countries like Austria and France tax crypto gains at 27.5% and 30% respectively, according to TradingViews recap.

The move coincides with the EUs DAC8 reporting regime, which requires exchanges and other providers to collect detailed data on EU users and share it with tax authorities starting with 2026 activity, as outlined in Crypto.news coverage. Greeces law could still change during consultation, and its final impact will depend on how enforcement interacts with cross border platforms many Greeks already use.

Confidence: high because multiple major outlets cite the same draft text, but the measure is not yet enacted.

Conclusion

Greece is shifting from having no clear crypto tax rules to a relatively moderate 10% regime on most realized gains, plus taxation of yield activities such as staking and lending. For crypto users in Greece this increases the need to track cost basis and distinguish between crypto swaps and fiat conversions, while the broader trend is that EU jurisdictions are pairing tighter reporting rules with more explicit tax treatment of digital assets. Anyone directly affected should monitor the parliamentary process, since details around loss offsets, valuation and enforcement could shift before the law takes effect.