Overview
- Greece’s Ministry of National Economy and Finance published a draft bill for public consultation on Thursday that proposes a flat 10% tax on cryptocurrency capital gains with a €500 annual tax‑free threshold.
- The draft treats staking, lending and liquidity rewards as interest taxed at 10% rather than as capital gains, and it says token‑for‑token swaps would not by themselves trigger a tax liability.
- The bill is scheduled to be submitted to parliament in November after consultation, so the rate and mechanics could still change before any law is enacted.
- Key operational details remain unresolved in the draft, including how the €500 exemption will be applied, rules for calculating cost basis and losses, and whether retroactive rules or multi‑year loss carryforwards will be included.
- The proposal arrives as the EU’s DAC8 reporting rules bring more exchange and customer data to tax authorities, but Greek officials say enforcement and revenue estimates are uncertain because many residents trade on foreign platforms.