Greece approves 10% tax on crypto gains starting in 2027

The Greek government has introduced a new tax law that will impose a 10% tax on cryptocurrency gains starting from 2027. This move is part of a broader effort to regulate the crypto market and create a new revenue stream for the government. The tax will apply to investors who make annual net gains exceeding 500 euros, while smaller investors will be exempt. This exemption is likely intended to support small-scale investors and encourage market participation. The introduction of this tax may lead to increased transparency and accountability in the crypto market, but it could also potentially drive some investors to seek more favorable tax environments. The impact of this tax on the crypto market will depend on various factors, including the response of investors and the overall economic conditions in Greece. As the crypto market continues to evolve, governments around the world are exploring ways to regulate and tax digital assets.