Greece is drafting legislation to impose a 15% capital gains tax on cryptocurrency investment profits, while exempting the first €500 of gains and excluding personal mining activity from taxation. A senior government official said the bill is expected to be submitted to parliament in the coming months.
Draft includes a €500 tax-free threshold and mining exemption
The proposal contains two key carve-outs. First, the first €500 in personal crypto gains would be tax-free, a measure aimed at shielding small investors from administrative and filing costs. Second, personal cryptocurrency mining would not be taxed. If mining is carried out by a registered company, however, the entity would still be required to declare and pay tax under existing rules.
At 15%, the proposed rate sits in the middle of the European range. It is lower than France’s 30%, above Cyprus’ 8%, and close to Germany’s tax treatment for short-term crypto holdings.
DAC8 takes effect as reporting rules tighten across the EU
Greece’s move comes as the EU’s DAC8 directive has already taken effect on January 1, 2026. The framework requires member states to implement information-sharing systems based on the OECD Crypto-Asset Reporting Framework, or CARF. Under those rules, crypto exchanges must report user holdings and transaction records to tax authorities.
That gives governments a clearer reporting backbone for crypto taxation. Greece’s capital gains tax draft is being prepared in that setting, where enforcement tools and cross-border information exchange are becoming part of the same policy package.
Global crypto tax efforts are expanding, but enforcement remains uneven
Crypto tax rulemaking is also moving in other jurisdictions. In the United States, seven digital asset tax draft bills surfaced in the House on June 5, covering issues such as the treatment of mining income and the timing of taxation for staking rewards. In Israel, reports on June 4 said only 58 individuals had voluntarily declared taxes on crypto assets, based on the latest count.
The contrast points to a practical issue. Designing a tax rate does not guarantee collection if authorities lack mandatory reporting channels or effective audit tools. If Greece combines its new tax rules with exchange reporting obligations under DAC8, it could obtain a more complete chain of taxable information.
Officials have not disclosed a precise legislative timetable beyond saying the bill will go to parliament in the coming months. Based on the current drafting stage, Greece could complete the legislation by the end of 2026 and become one of the earlier EU members to put a full crypto tax framework in place.