regulation and policy

Greece plans 10% capital gains tax on cryptocurrencies

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Greece has put forward draft legislation to tax individual cryptocurrency gains at 10%, with an annual €500 exemption and a plan to send the bill to parliament in November. One earlier description had a 15% rate, but the draft released for public consultation uses 10%.

Key claims & sources

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Greece is preparing draft legislation for a 10% capital gains tax on cryptocurrencies.
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The draft bill also includes an annual €500 exemption for crypto gains.
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The bill is scheduled to reach parliament in November.
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The draft was put out for public consultation on October 7.
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Officials had described a 15% rate in June, while the draft bill now uses 10%.
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One report says Greece currently has no legal framework for taxing crypto.

What it means

Crypto users and holders in Greece are the people most directly affected today, because the draft bill spells out a 10% capital gains tax with a €500 annual exemption and a November trip to parliament. That gives individuals a concrete rule set to watch as the public consultation and legislative process continue.

In practice, the draft changes the tax rate now on paper from the 15% figure officials mentioned in June to 10% in the public consultation version. What stays the same is that the proposal still taxes individual crypto gains and still leaves the first €500 of annual gains untaxed.

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market
first headline
+0.1% 2 h before
-1.6% 4 h after
$2.8Tmarket cap at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 8 08:03
Cointelegraph scoop
Breaks the event
+10 min
Oct 8 08:13
Crypto Briefing context
Its angle: predictability, influencing, standards
+11 min
Oct 8 08:14
crypto.news context
Its angle: exemption, scheduled, released; with quotes
+1 h 14 m
Oct 8 09:17
CoinDesk context
Its angle: projections, difficult, neighbors; with quotes
+2 h 29 m
Oct 8 10:32
+2 h 43 m
Oct 8 10:46
Unchained context
Its angle: documentation, shareholders, individuals
+3 h 5 m
Oct 8 11:08
Crypto Briefing echo
No new facts: regulatory, affecting, valuation
+6 h 41 m
Oct 8 14:44
Crypto Economy echo
No new facts: comprehensive, specifically, difficulties
+10 h 36 m
Oct 8 18:39
Bitcoin Magazine echo
No new facts: retroactively, authorizes, commission; with quotes