Greece strengthens crypto rules to align with EU standards

Digital asset exchanges will face strict licensing, management disclosures, and compliance checks under new Greek regulations.

Greek regulators are introducing tougher rules for crypto platforms to prevent money laundering and boost investor confidence.

Greek authorities are enforcing stricter regulations on the crypto sector to strengthen oversight and align with European standards. The move targets money laundering and tax evasion, reflecting Athens’ intent to bring order to the industry.

Digital asset exchanges and wallet providers will face a rigorous licensing process. Applicants must submit a complete business dossier, disclose management and shareholder details, and pass extensive checks before being allowed to operate.

Non-compliant platforms risk being barred from the market.

Financial regulators will monitor crypto transactions closely, with powers to freeze suspicious digital assets and trace funds. Authorities aim to prevent illegal capital flows while boosting investor confidence through enhanced transparency.

Taxation rules for crypto are expected this fall, with capital gains taxes set at 15% for private investors and potentially higher for companies. Some crypto services may also be subject to 24% VAT, with final rates announced in the coming months.

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