TLDR Greece has proposed a 10% capital gains tax on cryptocurrency profits in a new draft bill. Annual crypto gains of up to €500 would be exempt from the tax. The bill is open for public con
Greece is preparing to tax cryptocurrency profits under a dedicated law. A draft bill published for public consultation late Thursday proposes a 10% capital gains tax on crypto investments.
Under the draft, the first €500 in annual crypto gains would be exempt. That amount is worth about $560 at current exchange rates.
The bill is due to be submitted to the Greek parliament in November. Lawmakers will review the proposed rules after the public consultation ends.
Greece currently has no comprehensive legal framework for taxing cryptocurrency profits. The new bill would set a clear tax rate and an annual exemption for digital asset gains.
Profits above the €500 threshold would fall under the 10% tax. However, the available details do not explain exactly how the threshold would be applied.
The draft summary also leaves some questions open. It does not say how losses would be deducted, whether transfers between wallets would be taxed, or how crypto transactions would be valued.
The latest draft follows an earlier plan from Greece’s Finance Ministry. In June 2026, Greek authorities were preparing a 15% capital gains tax on crypto, with the same €500 exemption.
The new version keeps the exemption but lowers the rate to 10%. No reason has been given for the change.
Greek officials have said it is very hard to measure the size of the country’s crypto market. Most Greek investors trade on platforms based outside the country.
Because of this, the government has not made a projection of how much revenue the tax could bring in.
Countries in the European Union do not share a single crypto tax system. Rates across Europe range from 8% to 30% and are usually charged on capital gains.
Greece’s proposal comes during the first reporting year of the EU’s DAC8 directive, which took effect on Jan. 1, 2026. It requires crypto exchanges and other service providers to collect customer and transaction data, including identities and tax ID numbers.
Data for 2026 transactions will be shared among tax authorities in 2027. DAC8 does not set a common tax rate, so each member state still decides its own rules.
The rules have faced legal pushback. In September, France’s Council of State rejected an emergency request from crypto firms Bull Bitcoin and Paymium to suspend the country’s DAC8 decree, though a separate challenge is still pending.
Also in September, Spain’s tax agency said crypto held in self-custody wallets does not fall under its Form 721 reporting when investors control their own private keys.
In the United Kingdom, 17,600 taxpayers reported £1.38 billion in taxable crypto gains for the 2024 to 2025 tax year. British authorities expect to start receiving crypto customer data under international rules in 2027.
The Greek draft bill remains open for public consultation. It is scheduled to reach parliament in November, where lawmakers will consider the proposed 10% tax.
The post Greece Proposes 10% Crypto Capital Gains Tax With €500 Exemption appeared first on Blockonomi.
