JUST IN ⚡
Greece has approved a 10% tax on crypto capital gains and a 15% levy on DeFi income, signaling the latest European fiscal move on digital assets. 🚀
The government will allow a 12‑month grace period for investors to declare past crypto profits without incurring late‑filing penalties. Authorities have not clarified whether swaps between cryptocurrencies will trigger the new tax, leaving a regulatory gray area. The measure is expected to increase compliance costs for retail and institutional holders alike. Market analysts warn that the added levy could dampen DeFi participation and push some traders toward jurisdictions with lighter tax regimes. 📊
Stakeholders should adjust reporting strategies before the deadline to avoid unexpected liabilities. ⏰
$CYBER, $UVXYB, $AKE
Greece has approved a 10% tax on crypto capital gains and a 15% levy on DeFi income, signaling the latest European fiscal move on digital assets. 🚀
The government will allow a 12‑month grace period for investors to declare past crypto profits without incurring late‑filing penalties. Authorities have not clarified whether swaps between cryptocurrencies will trigger the new tax, leaving a regulatory gray area. The measure is expected to increase compliance costs for retail and institutional holders alike. Market analysts warn that the added levy could dampen DeFi participation and push some traders toward jurisdictions with lighter tax regimes. 📊
Stakeholders should adjust reporting strategies before the deadline to avoid unexpected liabilities. ⏰
$CYBER, $UVXYB, $AKE
