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Greece Introduces 10% Tax on Crypto Gains, Exempting First €500
This Thursday, the Parliament of Greece approved a bill establishing a 10% levy on capital gains derived from crypto-asset transfers, lowering the initial 15% proposal debated in mid-year. The new regulation completely exempts retail investors whose cumulative net returns do not exceed 500 euros per year from tax payments.
The measure provides the country with its first formal tax framework for digital assets and standardizes cost calculations using the average acquisition price, while classifying returns from staking and crypto lending under a 15% rate categorized as interest. In addition, the regulation allows offsetting tax losses over a five-year period.
The Greek Ministry of Finance will release detailed guidelines on auditing, reporting, and financial information exchange in the coming weeks, alongside opening a twelve-month voluntary disclosure window for past gains.
Disclaimer: Crypto Economy Flash News is produced using official, publicly verified sources vetted by our editorial team. Its goal is to provide fast reporting on key developments across the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying official project channels before making related decisions.
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CRYPTO MARKET UNDER HEAVY SELLING PRESSURE AS BITCOIN AND MAJOR ALTCOINS EXTEND LOSSES
The cryptocurrency market is showing widespread weakness, with Bitcoin, Ethereum, XRP, Solana, BNB, and Cardano all trading in bearish territory on the 1-hour charts.
Current Market Prices:
BTC: $81,730 — Down approximately 3.6% ETH: $2,398 — Down approximately 4.5% XRP: $1.3254 — Down approximately 4.6% SOL: $104.77 — Down approximately 3.7% BNB: $731.77 — Down approximately 2.7% ADA: $0.2145 — Down approximately 6.3%
The charts reveal consistent lower highs and lower lows, indicating strong short-term selling momentum. Cardano and XRP are showing notable weakness, while Bitcoin is struggling to maintain support near $81,500.
Market Outlook:
If Bitcoin breaks below $81,200, additional downside pressure could spread across the altcoin market. However, a recovery above $82,000–$82,400 could support a short-term relief rally.
For now, bearish momentum remains dominant, and traders should watch key support levels closely before expecting a sustained reversal.