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Crypto Regulation

Greece passes crypto tax law: 10% on all gains above €500

Greece’s parliament passed a cryptocurrency tax law that, from January 1, 2027, imposes a 10% tax on all gains for investors whose annual net gains exceed €500, with staking, crypto lending and DeFi liquidity provision income taxed separately at 15%. The parliament’s scientific service warned that broad wording on “disposal for consideration” could bring crypto-to-crypto swaps into scope and recommended an explicit swap exemption. The finance ministry will issue guidance on transparency and audits in coming weeks.

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AI take

Greece is drawing a clean line between passive holding gains and yield-generating activity, taxing staking, lending and DeFi liquidity provision at a higher rate — a distinction that could become a template as EU states localize MiCA-era rules. The parliament's own scientific service flagging that crypto-to-crypto swaps may be swept into the 10% levy is the detail that matters most, since it would tax transactions that generate no fiat exit. The finance ministry's pending guidance on transparency and audits will determine how much of this is enforceable in practice; whether the swap exemption is adopted, and how audits are scoped, is the open question.

Generated by AI for reference only.

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