Greece plans 10% crypto capital gains tax

The legislation is expected to be submitted to parliament in November. Currently, Greece lacks a detailed legal framework for taxing cryptocurrencies, and there is no unified approach among European Union countries for taxing the sector. Taxation rates for cryptocurrency capital gains in other European nations typically range from 8% to 30%.

Greek officials have noted the difficulty in accurately estimating the size of the country's cryptocurrency market due to many investors utilizing platforms outside of Greece. Consequently, there are no specific revenue projections for the new tax at this time.