Greece Proposes 15% Tax on Cryptocurrency Gains Amid Regulatory Push
Greece is preparing to introduce legislation that would impose a 15% tax on capital gains from cryptocurrencies, according to government officials cited by Reuters. This move is part of a broader effort to integrate digital assets into the country's formal tax system, which currently lacks a comprehensive legal framework for cryptocurrencies. The proposed legislation, expected to be submitted to Parliament soon, would exempt the first 500 euros of gains from taxation. While individual cryptocurrency mining would remain untaxed, corporate mining activities would be subject to the tax. This initiative comes as Greece seeks to align with evolving European regulations and improve the monitoring and reporting of cryptocurrency transactions. The fragmented landscape of digital asset taxation across the European Union, with tax rates ranging from 8% in Cyprus to 30% in France, highlights the need for a more systematic approach.