Greece Passes 10% Tax on Crypto Gains, First €500 a Year Stays Tax-Free

Greece just put a price tag on crypto profits. Lawmakers passed a flat 10% tax on gains from digital assets, according to Cointelegraph, ending the free ride for Greek traders who cash out.

The carve-out is the hook: the first €500 of gains each year stays tax-free. Above that line, the state takes its 10% cut. For small-time holders, that means plenty of room to trade without owing anything — for anyone playing with real size, it's a bill that shows up with every profitable exit.

The move pulls Greece into a widening club of governments folding crypto into their tax codes. A flat 10% sits on the lighter end of what's been floated elsewhere, and the annual exemption softens the blow for retail. Still, it marks a clear shift: gains that used to slip under the radar now have a number attached.

Plenty of questions are still open. The initial report didn't spell out when the tax kicks in, how gains get reported, or who's on the hook for enforcement. Those details will decide whether this is a light touch or a real headache for Greek crypto holders.

For now, the headline is simple: profit in Greece, pay 10% — after the first €500.