Greece cuts planned crypto tax to 10%, not 15%

Greece has never had a real tax law for cryptocurrency. On Thursday, its Finance Ministry put a draft bill out for public consultation that would finally write one. The bill sets a flat 10% tax on crypto profits. That's lower than the 15% rate Greek officials had floated back in June. Only gains above €500 a year, about $580, would actually get taxed.

The lower rate suggests Greece softened its plan after pushback, though the government hasn't said so directly. The bill also exempts crypto-to-crypto trades from tax entirely, so swapping Bitcoin for Ethereum wouldn't trigger a bill. Income from staking, lending, and providing liquidity would count as interest and get taxed at the same 10%.

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Will this rate survive contact with parliament? Draft tax bills in Greece have already shifted once, dropping from 15% to 10% before any public hearing even happened. The bill still needs to clear parliament, expected in November. Crypto investors watching Greece should expect the number to move again before any of this becomes real law.