Greece Plans to Impose 10% Tax on Cryptocurrency Capital Gains, Gains Under €500 Annually Tax-Exempt

Odaily News: Greece is preparing to legislate a 10% tax on cryptocurrency capital gains. The relevant draft bill was published on Thursday local time and has entered the public consultation phase, and is expected to be submitted to parliament for deliberation in November. According to the draft, individuals' annual cryptocurrency capital gains under €500, approximately $559.95, would be tax-exempt. Greece currently has no comprehensive tax legal framework for cryptocurrencies. Officials stated that since the vast majority of investors use overseas platforms, it is difficult to accurately estimate the country's cryptocurrency market size, and the government has not yet made specific projections for the fiscal revenue that the new tax would generate.