Greece Crypto Tax Proposal Would Exempt First €500 in Annual Gains - Cryptonews

Greece has put forward a tax framework for cryptoassets that would exempt the first €500 of annual gains from taxation, according to Cryptonews. The proposal signals a formal attempt to bring digital-asset activity into the country's tax code rather than leave it in a regulatory grey area — a step several European jurisdictions have taken as crypto ownership has widened.

The exemption matters because it draws a line between casual users and larger investors. A de minimis threshold is designed to spare small, occasional gains from compliance burdens, while gains above that level would presumably fall under the proposed rules. For market participants, the key detail is how such a threshold is calculated: whether it applies per taxpayer per year, how gains are aggregated across coins and platforms, and how losses are treated.

What to watch now is the legislative process. A proposal is not law, and the final text — including the rate applied above the exemption, reporting obligations, and effective date — may change. Greece's approach also sits within a broader EU push toward consistent crypto rules, so its final shape could inform how other member states calibrate their own thresholds.