Greece will impose a 10% capital gains tax on cryptocurrency under a draft bill scheduled for parliament in November, with annual gains of up to 500 euros ($560) exempt from the levy. Reuters reported the plan on Thursday, citing a draft bill published for public consultation.

The 10% rate would place Greece among the lower end of European Union capital gains regimes for digital assets. Germany, France and Italy are setting or planning to set capital gains rates on crypto above 25%, according to the report.

What does the bill actually change?

The draft law creates a specific tax treatment for cryptocurrency gains rather than leaving them in a regulatory gray zone. Under its terms:

• Crypto investors pay 10% on realized capital gains.
• The first 500 euros ($560) of annual gains remains tax-exempt.
• The bill goes to the Greek parliament in November after the public consultation period closes.

Greek officials have not yet published projections for expected revenue from the tax. That gap reflects a structural problem for the finance ministry: sizing the domestic market is difficult because most Greek crypto investors use platforms domiciled outside the country, Reuters reported. The tax base is therefore substantially offshore, which will shape both compliance mechanics and enforcement priorities once the law takes effect.

How does Greece compare within the EU?

The proposed rate sits well below what Greece's larger eurozone peers charge or plan to charge. Germany, France and Italy are moving toward capital gains treatment above 25% for digital assets. If the bill passes unchanged, Greece would offer one of the more competitive crypto tax regimes in the bloc, a positioning choice that could influence where EU-based investors and trading platforms register activity.

The Greek move tracks a broader shift. Countries across Europe are designing crypto tax treatments that replicate the frameworks applied to traditional assets such as stocks, as digital assets take a larger role in mainstream investment portfolios. Greece's draft bill fits that pattern: it treats crypto gains as capital gains, full stop, rather than constructing a bespoke category.

What happens next?

The bill faces its parliamentary vote in November, following the public consultation now underway. Amendments to the exemption threshold or the rate remain possible during that process, as consultation feedback in Greece routinely produces adjustments before a final floor vote.

For Greek investors and the platforms serving them, the operative questions are operational: how realized gains will be calculated across offshore exchanges, what reporting obligations will fall on taxpayers versus platforms, and how the independent Authority for Public Revenue will match offshore trading records against domestic declarations. The ministry has not detailed those mechanics in the draft, and market participants will be watching the parliamentary text for the compliance architecture.