Greece proposes 10% tax on crypto gains

Greece’s government has proposed a 10% tax on cryptocurrency capital gains, with annual gains of up to €500 exempt, in draft legislation now open for public consultation. The bill is not law and is scheduled to be submitted to Parliament in November 2026. The proposal would establish a dedicated tax framework for cryptocurrency profits in Greece, which has not had a comprehensive system specifically addressing them. The draft sets out the rate and exemption but leaves important calculation rules unsettled, including how the €500 allowance would work. It could reduce taxable gains by that amount, or operate as a cutoff after which a larger portion of the gain is taxed. The available draft details do not resolve the distinction. The legislation also does not fully specify how losses or more complex transactions would be treated, including token swaps, staking rewards and airdrops. Those rules, along with valuation and cost calculations, would affect how investors determine whether they owe tax. One account of the draft says losses exceeding €500 may be carried forward for up to five years, but the broader treatment of losses remains to be clarified.