BTC $75,950 +0.89% ETH $2,243 +1.28% BNB $694.04 +1.14% XRP $1.17 -1.00% SOL $90.07 +0.85% BTC $75,950 +0.89% ETH $2,243 +1.28% BNB $694.04 +1.14% XRP $1.17 -1.00% SOL $90.07 +0.85%
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Greece Passes Crypto Tax Law With 10% Gains Levy, 15% on Staking

crypto tax law — Greece has passed a new law establishing a comprehensive tax framework for cryptocurrency transactions, introducing a 10% capital gains tax and a higher 15% rate for income from staking and decentralized finance activities.

The legislation, approved by lawmakers, includes an annual tax-free threshold of €500 (approximately $557) for capital gains. This means individuals will only be liable for the 10% tax on profits exceeding this amount each year.

While the law clarifies taxation for common activities like trading and staking, it reportedly leaves significant questions unanswered regarding the tax treatment of more complex transactions. Specifically, the rules for token swaps and other on-chain exchanges remain undefined, creating potential uncertainty for DeFi users.

The move aligns Greece with a growing number of European nations formalizing crypto taxation. The higher rate for staking and DeFi rewards treats this income similarly to other forms of investment income under the new regime.

Original reporting: Decrypt