Greece’s Ministry of National Economy and Finance has opened a draft bill for public consultation that would introduce a 10% tax on capital gains from cryptocurrency transfers by individuals. The proposal, published on October 7, 2026, marks the country’s first dedicated framework for taxing crypto-assets, which the text refers to as crypto-assets (κρυπτοστοιχεία).
The measure appears in a broader legislative package covering debt servicers, capital-market rules, and financial-system supervision. Consultation remains open until 10:00 on October 22, 2026. The ministry aims to submit the bill to parliament for a vote in the first week of November 2026.
Key provisions in the draft text
Under the draft, the capital gain on a transfer of crypto-assets by a natural person would be taxed at a flat rate of 10%. The gain is generally calculated as the difference between the acquisition price and the transfer price. Specific rules address documentation of transactions and the average acquisition cost when an individual makes successive purchases.
Gains of up to €500 per tax year would be exempt. An exchange of one crypto-asset for another would not, by itself, create a taxable capital gain. Returns from lending, liquidity provision, and staking would be treated as interest and taxed at the same 10% rate.
The draft also provides a one-time window for voluntary disclosure of gains from earlier transfers. Taxpayers would have 12 months after the law’s publication to declare such amounts. If the resulting tax is paid within 60 days of the declaration, no penalties or interest would apply. Purchases of crypto-assets would count toward the calculation of imputed living expenses used in Greek tax assessments.
The ministry’s announcement of the consultation states that the rules are intended to close an existing legislative gap and increase tax certainty. Greece has not previously maintained a comprehensive statute governing the taxation of crypto-asset disposals.
European reporting rules and prior proposals
The draft arrives as EU member states implement the administrative-cooperation rules in Council Directive (EU) 2023/2226, commonly known as DAC8. Those rules require crypto-asset service providers to collect and report user and transaction data to tax authorities, with automatic exchange of information beginning in 2026. Greek officials have previously noted that most domestic investors use platforms based outside the country, which has limited the ability to estimate market size or potential revenue.
In June 2026, government sources had indicated that a 15% rate was under consideration, together with the same €500 annual exemption. The text now in consultation lowers the proposed rate to 10% while retaining the exemption and adding the voluntary-disclosure mechanism. The Crypto Times reported on the earlier 15% discussions in June.
Other European jurisdictions continue to adjust their own approaches. Germany has proposed ending the current one-year holding-period exemption for crypto-assets acquired from 2027 onward, aligning them more closely with the flat tax applied to securities. The Crypto Times covered that German proposal in September. National rates across the EU currently range from single-digit percentages in some member states to rates above 30% in others, with no single harmonized capital-gains regime.
The Greek draft remains subject to change during the consultation period and subsequent parliamentary review. No official revenue estimate has been published, reflecting the limited data currently available on the size of domestic holdings. Once enacted, the rules would establish a clear statutory basis for taxing disposals while allowing a defined period for taxpayers to regularize earlier gains.
Also read: US Jury Convicts Uranium Finance Hacker Over $54 Million Crypto Theft
