Greece Proposes 15% Capital Gains Tax on Cryptocurrency Profits
- New Tax Legislation: Greece's Finance Ministry is drafting a bill to impose a 15% capital gains tax on cryptocurrency profits, which would formally integrate digital assets into the national tax code for the first time, with expectations for parliamentary submission in the coming months.
- Tax-Free Threshold: The proposed regime includes a €500 ($580) exemption on gains, meaning residents would owe no tax on profits up to this amount, while individual miners are exempt from the levy, although corporate miners are not, indicating a protective measure for smaller investors.
- Market Estimation Challenges: Officials acknowledged the practical difficulty in estimating Greece's crypto market size, as most local investors trade through foreign platforms, raising questions about the feasibility of tax enforcement, and no specific revenue projections for the new tax have been published.
- Regulatory Framework Enhancement: This tax proposal aligns with Greece's efforts to harmonize its cryptocurrency regulatory framework with EU standards, especially following Binance's choice of Greece as its EU base, which further accelerates the country's push towards legitimizing its crypto market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ATH
Technical Sentiment Analysis for Aethir (ATH). As of , Aethir (ATH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ATH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ATH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aethir (ATH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00299 | 0.00348 | 0.004 | 0.00449 | 0.00501 | 0.0055 | 0.00603 |
| Fibonacci | 0.00348 | 0.00387 | 0.00411 | 0.00449 | 0.00488 | 0.00512 | 0.0055 |
About ATH
About the author
