defi ·
Greece passes crypto tax law, imposing 10% gains levy, 15% on staking and DeFi
New regulations concerning staking and decentralized finance (DeFi) income have been established in Greece as part of a recently approved crypto tax framework, although certain matters pertaining to…
New regulations concerning staking and decentralized finance (DeFi) income have been established in Greece as part of a recently approved crypto tax framework, although certain matters pertaining to token swaps remain undecided by the legislators.
The Hellenic government has formally sanctioned a crypto taxation structure that includes a threshold of €500 (equivalent to $557) for yearly gains, alongside novel stipulations for earnings derived from staking and DeFi activities.
However, the legislative body did not resolve significant ambiguities surrounding the mechanics of token swaps within this new system.
These developments indicate a growing regulatory posture among national authorities toward digital asset activities, signaling a shift in how market participants must account for their crypto-related financial performance.
Why it matters
This legislation signals a clear regulatory stance from Greek authorities on digital assets. Investors and crypto participants should monitor the unresolved issues regarding token swaps as they could impact compliance strategies.
Earlier coverage
Reported by Decrypt.
Topics: defi, regulation.
