Investors who incur annual net cryptocurrency losses exceeding €500 can carry those losses forward for five years, using them to offset future cryptocurrency capital gains.

The legislation also establishes a separate tax treatment for cryptocurrency income generated through staking, lending, and DeFi activities. Article 47 classifies returns from crypto lending, liquidity provision, yield farming, and participation in blockchain transaction validation as interest income, making them subject to Greece’s 15% tax rate.

When such income is paid in cryptocurrency rather than cash, its taxable value is determined using the asset’s euro-denominated price at the time of the transaction.

Another significant provision gives cryptocurrency…