Greece Introduces 15% Capital Gains Tax on Cryptocurrency Profits

Greece's Finance Ministry has announced plans to introduce a 15% capital gains tax on cryptocurrency profits, aiming to close the revenue gap and bring digital assets into the formal tax system.

The legislation is still in its drafting phase, with officials working through the mechanics of tracking transactions and calculating gains. While the policy intent is clear, enforcing the rules will be a challenge due to the decentralized nature of cryptocurrencies.

The proposal has sparked uncertainty among investors, who are waiting for more detailed guidelines on implementation and exemptions. The Finance Ministry has not set a specific timeline for introducing the bill to Parliament.