According to Decrypt, Greece is planning a capital gains tax on cryptocurrency that amounts to 10 percent, which is lower than the 15 percent rate that had been floated in June. The tax would apply to gains realized from the sale or exchange of cryptocurrencies. A draft bill outlines the proposal; it also provides for an exemption of the first €500 of annual gains. Tax rates for capital gains on crypto assets vary across European countries, ranging from Cyprus’s 8 percent to Italy’s 33 percent.
