Cryptocurrency in Greece

    Greece is experiencing rapid growth in its cryptocurrency sector, as people there are interested in Bitcoin, Ethereum and USDT. Despite previous years’ economic and regulatory issues, people in Greece continue to use cryptocurrencies through international exchange platforms and P2P services. Many users who want to try alternatives to regular banking are choosing mobile apps, DeFi platforms and stablecoins more regularly.

    For many, crypto is a tool to store value, receive remittances, and participate in the global economy. A growing number of young professionals and small businesses are exploring blockchain solutions to bypass outdated financial infrastructure and access cross-border payments.

    This page serves users ranging from traders and fintech founders to policymakers and analysts exploring blockchain growth across the European Union.

    Crypto in Greece—The Current Scene

    Greece’s crypto sector has gained momentum since 2023. Despite a relatively late start compared to Northern Europe, the country now projects strong adoption rates. According to Statista, Greece is expected to surpass 7.27 million users by 2026, over 73% of its internet population.

    Bitcoin and Ethereum dominate as investment assets. Meanwhile, stablecoins are increasingly used for daily transfers and savings. Platforms like Binance, Bitget, and Coinbase remain the go-to solutions for most Greek users, offering SEPA support and debit card purchases.

    Mobile-first P2P trading is widespread, especially in regions with limited bank accessibility. Local communities on Telegram and Discord foster knowledge-sharing, while startups are experimenting with Web3 and token-based utilities.

    Here is Greece’s Key Timeline of Crypto Developments

    2017: The Hellenic Capital Market Commission (HCMC) issued its first public warning on the risks of unregulated ICOs to protect retail investors.

    2020: Greece actively engaged in the EU’s crypto regulation consultation process, focusing on investor protection and digital asset classification.

    2022: Greek regulators participated in finalizing the MiCA framework, aligning national policy with EU-wide crypto standards and AML expectations.

    2023: Selected Greek banks began offering institutional-grade custodial services for crypto, reflecting growing market confidence and legal clarity.

    2025: Greece formally implemented the MiCA regulation, requiring crypto firms to register and comply with strict AML and consumer protection rules.

    Greece’s Crypto Market Overview

    More people in Greece are turning to cryptocurrencies because of tough economic conditions and fear of inflation. Between 2022 and 2025, the number of transactions carried out by Greeks on Binance and Coinbase kept rising. Many freelancers and people paying across countries now rely on USDT and USDC.

    According to the latest forecasts, Greece’s crypto market should earn $544.2 million in 2025, and this is projected to rise at a rate of 12.71% until 2026. The anticipated sales per user are calculated at $85.3. This shows that people are trading more items on the Internet and are more positive about digital assets.

    Companies and developers are working on creating infrastructure for payments, checking identities and decentralized finance (DeFi). Plenty of young people living in Athens and Thessaloniki are paying attention to NFT and gaming platforms as well.

    Regulation of Crypto in Greece

    The country has chosen a conservative yet continuous way to monitor crypto activities. Now, in Greece, exchanges, wallet providers and token issuers can follow clear rules set out by the EU’s MiCA legislation. Every crypto business in Greece has to register and stick to Know Your Customer (KYC) and Anti-Money Laundering (AML) rules.

    Crypto is permissible in Greece, but it is not considered a legal tender. Regulation of the industry is done by the Hellenic Capital Market Commission and the Bank of Greece. These organizations are mainly concerned with following the rules, keeping consumers safe and stopping illegal actions.

    MiCA brings key changes:

    • Licensing is mandatory for exchanges and custodial services
    • Stablecoins must be backed and disclosed
    • ICOs and token offerings require whitepaper submissions and oversight

    This shift provides more trust for investors and allows for institutional interest in regulated crypto products.

    List of Greece Crypto Exchanges & Platforms

    Greece does not yet have fully licensed local crypto exchanges. The market is dominated by international platforms. Binance, Bitget, Kraken, and Coinbase are widely used by Greeks due to their support for SEPA, debit cards, and Euro deposits.

    Local traders often turn to P2P platforms and Telegram channels for off-ramp services. Paxful and Binance P2P remain popular in regions with limited access to bank infrastructure.

    There is a growing demand for licensed local exchanges, especially after the enforcement of MiCA. These platforms could offer better fiat integration, Greek-language interfaces, localized support, and greater compliance with domestic financial regulations.

    Cryptocurrency Wallets in Greece

    It’s standard for many people in Greece to use global wallets for handling and storing their crypto coins. A lot of people rely on Trust Wallet, MetaMask and Coinbase Wallet. Experts recommend using Ledger Nano and Trezor for cold storage for a long time.

    Younger users usually choose to use mobile wallets that work with dApps and DeFi tools right away. Nevertheless, falling for scams or phishing incidents is still a common danger. Dealing with fraud can be stopped best by educating people with security awareness campaigns.

    A few Greek developers are investigating wallet apps meant for the domestic market that have Greek and Greek bank support. It is still important to educate and train people joining the crypto world for the first time.

    The Taxation of Cryptocurrency in Greece

    Crypto taxation in Greece is now structured under EU guidelines. Profits from cryptocurrency trading are considered capital gains and are taxable under Greek income tax laws.

    Key tax categories include:

    • Capital gains from buying/selling crypto
    • Staking and mining income as personal or business revenue
    • DeFi returns taxed as passive income or interest

    As of 2025, there is no flat crypto tax rate. Tax obligations vary based on income brackets and holding durations. Crypto platforms registered under MiCA are expected to issue tax documents and transaction reports for easier filing.

    Public education around crypto tax compliance is increasing, but more clarity is needed on NFT income, DAO participation, and tokenized assets.

    Crypto Community & Education in Greece

    Greece has a vibrant and growing crypto community. Enthusiasts organize meetups in Athens, Heraklion, and Thessaloniki. Telegram, Reddit, and Twitter are active spaces where Greeks share trading strategies, legal tips, and project updates.

    Blockchain Greece and Decentralized Europe host panels and webinars with developers, investors, and regulators. Topics include Web3, tokenization, and compliance.

    Formal education is limited but improving. Institutions like the National Technical University of Athens and the University of Macedonia are incorporating blockchain modules into tech and finance programs. Private bootcamps and online courses help bridge the knowledge gap.

    The Future of Cryptocurrency in Greece

    Greece is well-positioned for expanded crypto adoption, supported by the MiCA framework and rising user participation. As the infrastructure matures, the country could become a key EU crypto market by 2026.

    Expected future developments:

    • Licensed Greek crypto exchanges and wallets
    • Improved fiat integration and Euro stablecoins
    • Legal clarity for DAOs, NFTs, and token offerings
    • Greater VC interest in Greek blockchain startups
    • Participation in EU digital euro pilot programs

    If regulatory frameworks are implemented effectively, Greece could unlock the full potential of digital finance and offer safer, more inclusive crypto services across the region.

    Frequently Asked Questions (FAQs)

    1. Is crypto legal in Greece in 2025?

    Yes. Crypto is legal and regulated under the EU’s MiCA framework.

    2. Can you buy Bitcoin with Euro in Greece?

    Yes. You can buy Bitcoin using SEPA bank transfers, debit/credit cards, and P2P platforms.

    3. Is crypto profit taxable in Greece?

    Yes. Capital gains and staking income are taxable under Greece’s income tax rules.

    4. Can I be penalised for using crypto in Greece?

    No penalties apply if taxes are filed correctly. Regulation now provides legal clarity.

    5. How can you safely store crypto in Greece?

    Use Ledger for cold storage or Trust Wallet for mobile convenience. Avoid phishing sites.

    6. Is there any local crypto exchange in Greece?

    Not yet. Greeks use global platforms like Binance, Bitget, and Coinbase for trading.

    7. What are the most used cryptocurrencies in Greece?

    Bitcoin, Ethereum, USDT, BNB, and ADA are commonly used. NFT and gaming tokens are rising.

    8. Is Greece developing a Central Bank Digital Currency?

    Yes. Greece is part of the EU’s digital euro pilot program for CBDC development.

    9. Are there a lot of crypto-related scams in Greece?

    Yes. Scams exist, especially through social media. Users must verify sources and use safe platforms.

    10. Can Greek startups raise capital with crypto?

    Yes. Startups accept stablecoins and token sales, especially via Ethereum and BNB Chain.