Crypto Taxation in Greece

Cryptocurrencies have become an increasingly important investment tool and means of transaction. Until recently, the tax framework in Greece regarding crypto assets was not entirely clear. However, as of 2025, the Greek state is moving toward a more structured and regulated approach to crypto taxation and compliance.

Under Law 5193/2025, crypto assets are now officially recognized as financial and investment instruments. This means that holding, trading, and earning income from cryptocurrencies are subject to taxation and regulatory oversight, just like any other investment form. At the same time, the Ministry of Finance is developing a new institutional framework to regulate the operation of crypto exchanges in Greece, the procedures for anti-money laundering (AML) and Know Your Customer (KYC) compliance, and the taxation of crypto-related activities.

Capital gains derived from the sale or exchange of cryptocurrencies are taxed at a rate of 15%, similar to other investment gains. The taxable gain is calculated as the difference between the selling price and the purchase price, after deducting any relevant transaction expenses. If a loss occurs, it may be recognized and offset against future gains. Transactions involving the exchange of one cryptocurrency for another are also taxable if they generate a profit, while activities such as mining, staking, or decentralized finance (DeFi) are treated as income from business activity.

Taxpayers conducting crypto transactions are required to keep detailed transaction records and report any gains in their annual tax return. If they use foreign exchanges or wallets, it is recommended to export transaction reports to properly document their gains. Greece is aligning its framework with the new European MiCA regulation (Markets in Crypto Assets Regulation), which sets out rules for licensing crypto service providers, investor protection, and information exchange among EU tax authorities.

The full tax framework is expected to be finalized within 2025 and applied to the 2026 tax declarations for income earned in 2025. Until then, investors are encouraged to maintain detailed transaction histories, consult their accountants, and avoid anonymous or untraceable transactions.

The taxation of cryptocurrencies in Greece is finally entering a clearer and more transparent phase, harmonized with European standards. Investors can benefit from greater security and legitimacy, provided they comply with their tax reporting obligations. The team at ACCO Accounting remains at your disposal to guide you through the declaration and compliance process for your crypto investments.