Greece has proposed taxing individuals’ gains from transferring crypto-assets at 10%, with a €500 annual threshold and no taxable gain on swaps from one crypto-asset to another. This is a draft in public consultation, not enacted law. The Hellenic Ministry of National Economy and Finance announced the measure on 7 October 2026 as part of a draft bill, and consultation is scheduled to close at 10:00 a.m. on 22 October 2026.
Where the proposal stands
The Ministry’s announcement of 7 October 2026 is the primary reference for every figure in this article. It describes the crypto measures as part of a wider draft package covering private debt, servicers and financial markets. The announcement does not say the bill has passed, and nothing in it confirms a start date.
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The Ministry set out a timetable that should be read as a plan rather than a commitment:
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1Scan for outdated or missing drivers - takes under a minute2Clear out junk files and repair common Windows errors3Fix the driver behind crashes, sound loss and screen glitches- Public consultation closes at 10:00 a.m. on 22 October 2026.
- The government aims to introduce the bill in Parliament and pass it in the first week of November 2026.
- Any tax start date will depend on the final text and its commencement provisions, which had not been published at the time of writing.
Until those steps happen, the rules below are proposals. Do not treat them as current Greek tax law.
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How the proposed 10% tax on crypto disposals would work
The proposal applies to the gains of individuals from transferring crypto-assets. The Ministry describes the general calculation as the transfer price less the acquisition price. In Greek, the announcement reads:
«Η υπεραξία των φυσικών προσώπων από τη μεταβίβαση κρυπτοστοιχείων θα φορολογείται με συντελεστή 10%.»
Translation (for comprehension): “The capital gain of individuals from the transfer of crypto-assets will be taxed at a rate of 10%.”
Two parts of the calculation matter in practice. First, the Ministry says the proposal includes rules requiring transactions to be documented. Second, when a holder buys the same crypto-asset in successive purchases, the proposal uses an average acquisition price rather than tracking each purchase separately.
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A worked example, with a gap in the announcement
Suppose an individual bought crypto-assets for €1,000 and transferred them for €1,800, a gain of €800. The announcement says gains up to €500 per tax year would not be taxed. It does not say whether the 10% then applies only to the €300 above the threshold, which would give a tax of €30, or whether a different structure applies. Until the final text clarifies this, the exact tax on an amount above €500 cannot be stated with confidence.
The €500 annual threshold
The announcement sets a threshold of €500 per tax year. The threshold is tied to the tax year, so gains do not carry over in the announcement’s description. Whether it is calculated per person, per account, or per platform is not described.
Average acquisition price for repeat purchases
Holders who buy the same asset at different prices will need one average figure for the cost base under the proposed method. Because the announcement does not provide a worked calculation, anyone tracking positions now should record each purchase’s date, quantity, and euro cost, so that an average can be computed under whatever final rule is adopted.
Crypto-to-crypto swaps
Under the proposal, exchanging one crypto-asset for another would not create a taxable gain. This is a distinct category from a transfer for euros, and it is the point most likely to change how traders plan rebalancing. The announcement does not give examples, and it does not explain how every type of token exchange, bridge, or conversion would be classified. Treat the swap exemption as a headline principle, not a full rule for every transaction type.
Lending, liquidity provision and validation staking
The Ministry says returns from crypto lending, liquidity provision, and staking in transaction-validation mechanisms would be treated as interest and taxed at 10%. This is a different trigger from a disposal: the tax attaches to the return itself, not to a sale.
The announcement names these activities as examples. It does not define them in statutory terms. Do not assume the same treatment applies automatically to every reward, airdrop, incentive, or yield arrangement, and do not assume that every staking product falls within the “validation” wording. Final definitions will decide this.
Crypto received as pay, benefits or shares
Crypto-assets provided as an in-kind benefit to employees, partners, or shareholders would be valued in euros at the time of acquisition, according to the announcement. This sets a valuation point for the benefit, but the announcement does not explain how the value is then taxed or whether other income rules apply. The Ministry also says that purchasing crypto-assets would count among asset-acquisition expenses for the relevant presumed-income tests.
Inheritance, gifts and the Digital Transaction Levy
For inheritance, donation, and parental-gift tax purposes, the announcement describes crypto-assets as intangible movable property situated abroad. They would be valued in euros using the value on the day before the tax obligation arises. The Ministry also says no Digital Transaction Levy would apply to sales of crypto-assets.
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The proposal includes a voluntary route for declaring gains from transfers made before the law applies. According to the announcement, a declaration could be made within 12 months after the law is published, with no fines or interest. The announcement says the conditions are subject to rules it does not enumerate.
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Because the window runs from publication, it has no fixed calendar deadline until the law is published. Anyone considering this route should wait for the final text rather than act on the announcement alone.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.The three categories at a glance
| Category | Trigger | Proposed treatment | Still unresolved |
|---|---|---|---|
| Disposal gains | Transfer of crypto-assets for value | 10% on gain (transfer price less acquisition price); €500 annual threshold; average acquisition price for successive purchases | How the threshold interacts with the gain; allowable expenses; lot selection; loss treatment; definitions of crypto-asset and transfer |
| Crypto-to-crypto swaps | Exchange of one crypto-asset for another | No taxable gain | Examples and classification of other token exchanges |
| Lending, liquidity provision, validation staking | Receipt of the return | Taxed as interest at 10% | Statutory definitions of each activity; treatment of other rewards |
What remains unresolved
The announcement is a press statement about a draft, not the enacted text. It does not establish the final effective date, the full definition of crypto-assets or transfers, exemptions beyond those described, allowable expenses, loss treatment, detailed recordkeeping requirements, or the conditions for declaring past gains. Each of these points will depend on the final bill and any implementing guidance from the Greek tax authorities.
What to do while the bill is in consultation
- Keep dated records of every purchase, sale, and swap, including the euro value at each step.
- Separate staking, lending, and liquidity rewards from disposals in your records, because the announcement treats them differently.
- Note the €500 threshold but do not calculate final liability until the bill’s text is published.
- If you hold crypto from earlier years, avoid filing a past-gains declaration until the conditions are published.
- For case-specific treatment, consult a qualified Greek tax adviser once the final law is available.
Watch the Ministry’s website for the final bill text, which will settle the threshold calculation and the scope questions listed above.
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