Greece Introduces 10% Tax on Cryptocurrency Profits
BITmarkets Team
Nov 10, 2026
The Hellenic Parliament passed the measures as part of broader financial legislation addressing loan supervision, debt protections and financial market regulation. According to Greek financial publication Oikonomikos Tachydromos, the new rules will apply to cryptocurrency sales, staking rewards, lending income and certain transactions involving digital assets.
Greece introduces 10% tax on cryptocurrency profits
Under the approved legislation, investors will be subject to a 10% tax on profits generated from selling cryptocurrencies. However, individuals whose annual cryptocurrency gains do not exceed 500 euros, approximately $560, will be exempt from the capital gains tax.
The new framework is scheduled to take effect on Jan. 1, 2027, giving investors time to prepare for the changes. The legislation follows a proposal introduced by Greece's Ministry of National Economy and Finance in October 2026 as part of efforts to establish clearer tax rules for digital asset transactions.
The measures provide a formal distinction between taxable cryptocurrency profits and smaller investment gains that qualify for exemption.
Staking and crypto lending income face 15% tax
In addition to the capital gains tax, Greece will introduce a separate 15% tax on income generated through certain cryptocurrency-related activities. The tax will apply to earnings from staking, cryptocurrency lending and providing liquidity to decentralized finance (DeFi) protocols.
The legislation also clarifies how different types of cryptocurrency transactions will be treated for tax purposes. Using cryptocurrencies to purchase goods or services may trigger capital gains tax obligations, depending on whether the transaction generates a taxable profit.
However, exchanging one cryptocurrency for another will not be considered a taxable event under the new framework. This distinction means that investors may exchange digital assets without immediately incurring capital gains tax, while selling cryptocurrencies for a profit or spending them could create tax liabilities.
Investors given 12 months to declare previously unreported gains
The legislation also introduces a voluntary disclosure period for investors who have not previously reported cryptocurrency profits. Under the new rules, individuals will have 12 months to declare previously unreported gains to the relevant tax authorities.
Investors who participate in the disclosure process must pay the resulting tax liability within 60 days of submitting their declarations to avoid penalties and interest. The provision gives cryptocurrency holders an opportunity to address outstanding tax obligations as Greece transitions to the new regulatory framework.
With the legislation scheduled to take effect at the beginning of 2027, Greece is establishing clearer tax treatment for cryptocurrency investments, decentralized finance income and digital asset transactions.
Sources:
https://cointelegraph.com/news/greece-approves-10-tax-crypto-gains-2027
