Greece Sets New Standards with 10% Crypto Gains Tax and 15% DeFi Levy

Investors will have 12 months to declare past crypto gains without late-filing penalties, though questions remain over crypto-to-crypto swaps.

Greece has taken a major step toward modernizing its financial ecosystem by introducing specialized tax rates for digital asset investors. The Ministry of Economy finalized the framework establishing a standard 10% tax rate on capital gains realized from selling digital currencies. Additionally, passive income generated via decentralized finance protocols—such as liquidity provision, yield farming, and staking—will be taxed at a 15% rate.

The core objective of the legislation is to bring transparency and integrate Web3 activity into the national economy. To ensure a smooth transition, the ministry confirmed that investors will have 12 months to declare past crypto gains without late-filing penalties, though questions remain over crypto-to-crypto swaps. This policy gives long-term crypto holders a clear pathway to report historical profits legally.

Market analysts believe that establishing clear tax rules will make Greece an attractive destination for digital asset enthusiasts and crypto nomads. However, local tax professionals caution that taxpayers must maintain thorough record-keeping, especially when tracing historical transactions across multiple centralized and decentralized exchanges.

This article does not constitute investment advice. The content provided here is solely for informational purposes and reflects the results generated by TradeitKN's AI analysis system. Before making any financial decisions, you should conduct your own research or consult with a licensed financial advisor.