Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate

Greece's parliament approved a 10% capital gains tax on cryptocurrencies, the country's first dedicated crypto tax framework, with annual gains up to €500 exempt. Greece’s parliament approved on Thursday a bill that imposes a 10% capital gains tax on cryptocurrencies, the first comprehensive legal framework for taxing crypto assets in the country. Cryptocurrency capital gains of up to €500 ($563) a year will be exempt from the new tax, the bill says. For bitcoin holders in Greece, that threshold is a small buffer, not a carve-out for larger positions.

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Source: Bitcoin Magazine