Greece Nears Finalization of Cryptocurrency Tax Framework
Greece is in the final stages of shaping its cryptocurrency taxation framework, as the country moves toward formal regulation of the digital asset market. A government-appointed committee is currently finalizing a report, which will soon be submitted to the Minister of National Economy and Finance, Kyriakos Pierrakakis. One of the key proposals under consideration is the introduction of a 15% capital gains tax on profits made from the sale of cryptocurrencies. This proposal is expected to be reviewed by the Prime Minister, and official announcements may be made during the 89th Thessaloniki International Fair, set to take place from September 6 to 14. Alongside taxation, Greek authorities are working to tighten oversight on the source of funds invested in cryptocurrencies. The aim is to detect cases of tax evasion, undeclared income, or illicit activity. These checks-known in Greece as "pothen esches," or "source of wealth"...
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