Invest ideasNews
5 Jun 2026, 17:50
Greece moves to tax crypto gains at 15% with legislation expected within months
Greece’s Finance Ministry is drafting a bill that would impose a 15% capital gains tax on cryptocurrency profits. The information was reportedly shared with Reuters by some government officials. If the bill is passed, it would bring digital assets into the country’s formal tax code for the first time. It is expected to reach parliament in the coming months. A tax-free threshold and carve-outs for individual miners The planned regime includes a 500-euro ($580) exemption on gains, meaning residents would owe nothing on their first profits up to that amount, according to one of the officials . Individual cryptocurrency miners would also be exempt from the new levy; however, that exemption was not extended to corporations engaged in mining. Both officials acknowledged a practical challenge, which is that estimating the size of Greece’s crypto market is difficult. This is because most Greek investors trade through platforms based outside the country. No specific revenue projection for the new tax has been published. Where Greece fits in Europe’s crypto tax patchwork EU member states each set their own rules on taxing digital assets, and the rates vary across the states. Cyprus charges 8% on crypto capital gains at the low end, while France applies rates as high as 30%. Greece’s proposed 15% would bring it close to the middle of that range. This proposed bill is also coming at a time when Athens is working to bring its own crypto regulatory framework up to the EU’s set standards. Last August, the Hellenic Capital Market Commission (HCMC) overhauled its licensing regime for exchanges and wallet providers to align with the EU’s Markets in Crypto-Assets (MiCA) regulation, as Cryptopolitan reported at the time. The rules require that platforms must clear a formal licensing process that can take up to 40 working days, and unlicensed providers are barred from offering services in the country. How does Binance’s bet on Athens come into the picture? Greece’s regulatory push carries extra weight because Binance, the world’s largest crypto exchange by volume, chose the country as its EU base earlier this year. Binance co-CEO Richard Teng cited Greece’s talent pool and security environment when explaining the decision at the Global Finance & Technology Network forum in Tokyo, according to Reuters and Greek broadcaster ERT. The company applied for a MiCA license through the HCMC in January, and Greek regulators signaled they would fast-track the review, Cryptopolitan reported in February . The tax legislation would add another layer to an environment Athens is building to attract crypto business while ensuring oversight. Prime Minister Kyriakos Mitsotakis made his intentions to regulate the “dubious” crypto market known as early as January 2025. He reportedly told cabinet members the government aimed to “bring order to a largely ambiguous and unregulated domain.” Passive income taxed differently The Waltio tax guide for Greece outlines the current Greek framework, pointing out that gains from staking, mining, and airdrops fall under the progressive income tax scale rather than the flat 15% rate. That scale runs from 9% on the first 10,000 euros of income to 44% on amounts above 40,000 euros. Crypto-to-crypto swaps also count as taxable events, with the gain calculated at the moment of the exchange. Capital losses can be carried forward for five years to offset future gains, and the filing deadline for crypto-related income is June 30 of the year following the tax period, according to Waltio’s summary of the legislation. The proposal is not final The bill still needs to clear parliament, and final details could shift before submission. Investors trading through foreign platforms face an open question about enforcement, given that Greek authorities have acknowledged limited visibility into offshore activity. The July 2026 MiCA licensing deadline for crypto firms across the EU will add further pressure on Athens to have its tax and regulatory framework fully in place. If you're reading this, you’re already ahead. Stay there with our newsletter .
5 Jun 2026, 16:46
BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE
The tokenization specialist behind BlackRock's BUIDL fund could begin trading on the NYSE as SEC approves merger registration.
5 Jun 2026, 16:28
Bitcoin breaks below $60K as risk-off sentiment intensifies
More on markets Dividend Roundup: UnitedHealth Group, Verizon, Alphabet, American Express, and more Treasury yields jump after May payrolls crush expectations Nonfarm payrolls soar past consensus in May; unemployment rate holds at 4.3% AI-powered startup boom could bring major labor market shifts, Apollo says JPMorgan sees the bond yield surge fading in the second half of 2026
5 Jun 2026, 16:20
US House Panel Drafts Bills to End Double Taxation on Crypto Mining and Staking Rewards
BitcoinWorld US House Panel Drafts Bills to End Double Taxation on Crypto Mining and Staking Rewards The U.S. House Ways and Means Committee has released draft proposals for seven bills aimed at overhauling the Internal Revenue Service’s (IRS) framework for cryptocurrency taxation, according to a report from CoinDesk. A central pillar of the legislation is to ease the tax burden on virtual asset mining and staking rewards, addressing a long-standing industry grievance over double taxation. Ending Double Taxation on Mining and Staking The crypto industry has long opposed the IRS’s current policy, which taxes assets once upon acquisition as unrealized gains and again upon their sale. The draft bills include provisions to significantly reduce this burden or eliminate taxation at the point of acquisition. This would mean that rewards earned from proof-of-work mining or proof-of-stake validation would no longer be taxed when first received, only when sold or exchanged. Proponents argue this aligns with the treatment of other property types under existing tax law. De Minimis Exemption for Small Transactions Additionally, the proposals aim to do away with capital gains taxes on minor asset value fluctuations that occur during small transactions, such as buying a coffee, sending small amounts of stablecoins, or paying network gas fees. This so-called ‘de minimis’ exemption would simplify reporting for everyday crypto use and reduce the compliance burden on individuals. The threshold for what qualifies as a small transaction has not yet been specified in the drafts. Wash Sale Rule Applied to Crypto The ‘wash sale’ rule from traditional securities markets, which prohibits artificially creating tax losses by selling an asset and immediately repurchasing it, is also planned to be applied to virtual assets. Currently, crypto investors can harvest tax losses by selling at a loss and quickly buying back the same asset, a practice not allowed in stocks and bonds. Applying this rule would close a perceived loophole and align crypto taxation more closely with conventional financial instruments. Timeline and Next Steps As Bitcoin World previously reported, the committee was expected to release the seven crypto tax bills as early as Friday, U.S. time. The draft proposals are now public, signaling the beginning of a formal legislative process. The bills will need to pass through committee markup, floor votes in both the House and Senate, and ultimately receive presidential approval before becoming law. Industry observers expect significant debate, particularly around the de minimis exemption threshold and the definition of ‘small transactions.’ Why This Matters to Crypto Users If enacted, these bills would represent the most significant change to U.S. crypto tax policy since the IRS first issued guidance on virtual currencies in 2014. For miners and stakers, the elimination of taxation at acquisition could reduce annual reporting complexity and lower effective tax rates. For everyday users, the de minimis exemption would make spending crypto for small purchases far less burdensome from a tax perspective. However, the application of wash sale rules may limit tax-loss harvesting strategies for active traders. Conclusion The House Ways and Means Committee’s draft bills mark a pivotal step toward modernizing U.S. tax treatment of digital assets. By targeting double taxation on mining and staking rewards and introducing exemptions for small transactions, lawmakers are responding to industry calls for clearer, fairer rules. The legislative path remains uncertain, but the proposals signal growing bipartisan interest in creating a coherent federal framework for cryptocurrency. FAQs Q1: What is double taxation on crypto mining and staking? Double taxation occurs when the IRS taxes crypto rewards both when they are received (as income) and again when they are sold or exchanged (as capital gains). The draft bills aim to eliminate the tax at the point of acquisition. Q2: What is a de minimis exemption for crypto transactions? A de minimis exemption would waive capital gains taxes on small transactions, such as buying a coffee or paying network fees, where the value change is minimal. This simplifies tax reporting for everyday crypto use. Q3: How would the wash sale rule affect crypto traders? The wash sale rule would prevent investors from selling a crypto asset at a loss and immediately buying it back to claim a tax deduction. This rule already applies to stocks and bonds and would align crypto with traditional securities. This post US House Panel Drafts Bills to End Double Taxation on Crypto Mining and Staking Rewards first appeared on BitcoinWorld .
5 Jun 2026, 16:15
Bitcoin Falls Below $60,000 for First Time Since 2024 Trump Win
Bitcoin fell below $60,000 for the first time since October 2024, extending its reversal from market darling after the reelection of US President Donald Trump to a casualty of a rapidly changing speculative landscape.
5 Jun 2026, 16:10
FairGambling Launches Crypto Casino Review and Analytics Platform With Provably Fair Tools and Extra Rewards
New York, USA, June 5th, 2026, PlayNewswire FairGambling , a new transparency and rewards platform for crypto casino players and Bitcoin gamblers, today announced its public launch. The platform combines on-chain analytics, provably fair verification tools, independent crypto casino reviews, live bonus code feeds, and an extra rewards program offering up to 30% rakeback across 40+ major crypto casino operators including Stake, Roobet, Shuffle, BC.Game, Gamdom, Bitcasino, 1win, Winna, Thrill and Duel, with much more to come. FairGambling launches into a market that processed over $80 billion in crypto casino deposit volume last year. The platform’s analytics layer already tracks $45 billion+ of that flow in real time across the operators it covers. Despite the market’s scale, players still have limited tools to verify fairness, compare operators, or independently assess where their money is going. Built as a Utility Layer, Not Another Affiliate Site “Most casino review sites today are just rankings and sign-up bonuses,” said Seb, Co-Founder of FairGambling. “We wanted to build something different. A place where players can actually see what’s happening on-chain, verify their own bets, compare casinos based on data instead of marketing, and earn real rewards on top. All for free, with no obligations. That’s the gap we’re filling, and what’s live today is just the start of what we’re building.” The platform brings together several player-first tools in one place: On-chain crypto casino analytics , tracking real-time deposit volume, market share, unique depositors, and hot wallet activity across 50+ operators Provably fair verifier for independently checking game outcomes from Stake, Roobet, Shuffle and other major operators Independent crypto casino reviews and ratings scored across 10 weighted categories including fairness, financial transparency, KYC and licensing, compliance, and customer support Live bonus code feed aggregating active promotions from supported operators Bonus calculator and Stake stats calculator for analyzing personal betting history and rakeback value Blackjack trainer for practicing basic strategy Extra rakeback rewards program offering up to 30% on supported crypto casinos Data-Driven Casino Comparison Unlike traditional affiliate sites that rank casinos based on commercial agreements, FairGambling’s ratings are built from a weighted rubric covering analytics, fairness, financial transparency, bonus structure, compliance, and security. Each operator profile includes deposit volumes, hot wallet visibility, license details, no-KYC policies, bonus testing results showing how much players actually receive back in rewards when wagering a given amount, and side-by-side comparisons against other operators on the same metrics. The analytics section is open to all visitors and shows live on-chain flows, allowing players to see which operators are processing real volume versus those with thin activity. This is a data point traditionally only available to industry insiders. Community Reviews and Earning Crypto FairGambling places verified player reviews at the center of its review system. Verified users can earn crypto rewards for eligible contributions, and the platform requires casino activity verification (such as VIP tier or wager history) before reviews are approved, which is intended to filter out the fake reviews common to other online gambling review sites. “Trust in this space is broken,” Seb added. “We’re not going to fix that overnight, but giving players the data, the tools, and the rewards to actually engage critically with the operators they use, that’s the foundation. Everything else builds on that.” The platform helps players find the best crypto casinos based on data, verify game fairness, and earn extra rakeback on top of what casinos already offer. FairGambling is now live and available worldwide, subject to local laws and eligibility requirements. About FairGambling FairGambling is a crypto casino transparency and rewards platform that helps players make more informed decisions across major Bitcoin and crypto gambling operators. The platform combines on-chain casino analytics, independent crypto casino reviews and ratings, provably fair verification tools, live bonus code feeds, player stats tools, a blackjack trainer, and an extra rewards program offering up to 30% extra rakeback. FairGambling currently covers 50+ crypto casino operators and has tracked $45 billion+ in historical deposit volume, with more added regularly. For more information, users can visit FairGambling.com . Responsible gambling notice: FairGambling is not a casino and does not accept bets or process gambling transactions. The platform provides analytics, reviews, verification tools, and rewards related to third-party crypto casino operators. FairGambling is intended for users aged 18+ or the legal gambling age in their jurisdiction. Gambling involves risk and can be addictive. Please play responsibly and follow all applicable local laws. Contact Co-Founder Sebastian [email protected]
