Greece is preparing to introduce a flat 15% capital gains tax on cryptocurrency profits, a move that would give the country its first dedicated tax framework for digital assets. The Greek Finance Ministry is drafting a bill that includes an exemption for the first €500 (roughly $580) of annual gains, with the legislation expected to be submitted to parliament in the coming months.

Greek crypto investors have previously faced the prospect of being taxed under progressive income tax rates, a system that offered zero clarity and maximum confusion.

What the proposal actually looks like

The core of the bill is straightforward: a 15% flat tax on profits from crypto asset disposals. That applies to individuals, with the…