Greece is drafting new legislation to impose a 15% capital gains tax on cryptocurrency investments, two government officials with direct knowledge of the matter told Reuters on Friday.
Currently, Greece lacks a comprehensive legal framework for regulating and taxing digital assets. The move comes as European Union member states continue to navigate the sector without a unified taxation system.
A senior government official disclosed to Reuters that the Ministry of National Economy and Finance is finalizing the bill, which is expected to be submitted to parliament in the coming months.
"The goal is to formally integrate cryptocurrencies into the country's tax code," the official said.
Crypto taxation across Europe varies significantly, ranging from a low of 8% in Cyprus to as high as 30% in France, with most countries applying the levy on capital gains.
A second official confirmed the administration’s legislative plans, adding that the framework will include a tax-free threshold for the first €500 ($580) of gains. Additionally, individual cryptocurrency mining will remain exempt from the tax, whereas corporate-registered mining operations will be subject to the new law.
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