Greece’s Parliament passed legislation Nov. 5 imposing a 10% tax on cryptocurrency capital gains, establishing what is described as the country’s first comprehensive framework for taxing crypto assets.

The law exempts annual capital gains of up to about $563. The measure follows a proposal that had been in public consultation and was expected to go to Parliament in November. Earlier TokenPost coverage tracked the proposed tax on individual cryptocurrency gains.

A senior official at Greece’s Finance Ministry said further implementation details on transparency and audit rules are expected in the coming weeks.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to [email protected].