What is Greece's FATF status?

Greece is classified by FATF as: compliant.

Are VASPs licensed in Greece?

Yes — licensing is required for VASPs.

What is the AML/KYC regime in Greece?

KYC is mandatory for crypto businesses.

🇬🇷 Greece

Greece regulates crypto under MiCA through the Hellenic Capital Market Commission (HCMC). Crypto gains are taxed at 15% for individuals. The regulatory framework is still maturing.

Overview

Status	Legal
Risk Score	35/100 (Moderate Risk)
Region	europe
Currency	EUR
Adoption Rank	#38

Tax Information

Capital Gains (Personal)	15% on crypto capital gains
Capital Gains (Corporate)	22% corporate tax on crypto gains
VAT on Crypto	No
Staking Tax	Taxed as income at applicable rates
Airdrop Tax	Taxed as income upon receipt

Greece taxes crypto capital gains at 15% for individuals. Corporate crypto income is taxed at the standard 22% rate. Tax administration capacity for crypto is still developing.

Licensing & Registration

Required	Yes
Regulator	HCMC
Framework	Markets in Crypto-Assets Regulation (MiCA)
Ease	medium
Cost (USD)	$20,000 - $120,000

HCMC oversees MiCA CASP authorization in Greece. The regulatory framework is developing alongside MiCA implementation.

Enforcement Activity

Level: Low

HCMC has issued consumer warnings about crypto risks. Enforcement capacity is still developing.

AML / KYC

KYC Required	Yes
Travel Rule	Yes
FATF Member	Yes
FATF Status	compliant
FATF Body	FATF
Suspicious-Activity Reporting	Yes

DeFi, Stablecoins & NFTs

Status: Unclear

No specific DeFi regulation

Stablecoins

Status: no_rules

No specific stablecoin framework

NFTs

Status: no_rules

No specific NFT regulation

Mining

Legal	Yes
Electricity Cost	$0.16/kWh
Renewable Energy	30%
Infrastructure	good

Greece has legal crypto mining with moderate electricity costs and a growing renewable energy share. Infrastructure supports mining but is not top-tier.

Geopolitical Risk

Stability	stable
Sanctions	No
Corruption Index	50/100
Banking Access	moderate

Risk Factors

economic volatility
bureaucracy
capital controls risk

Greece is politically stable within the EU, not under sanctions, with moderate corruption and business environment. Crypto companies face moderate banking access and some economic risks.