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Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate

By Micah Zimmerman

Bitcoin Magazine Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate Greece's parliament approved a 10% capital gains tax on cryptocurrencies, the country's first dedicated crypto tax framework, with annual gains up to €500 exempt. This post Greece Approves 10% Crypto Capital Gains…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Parliament

A country's elected law-making body, which passes laws, approves budgets and holds the government to account.

Most major national decisions must pass through parliament.

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