Cryptocurrency Q&A
Is bitcoin legal in Greece?
Is bitcoin legal in Greece?
TopazRider
Thu Jul 04 2024
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5 answers
1090
Could you please elaborate on the legality of Bitcoin in Greece? I've heard conflicting reports and would like to understand the current status. Is Bitcoin recognized as a legal tender or is it treated as a commodity? Are there any specific regulations or laws that govern its use in the country? Additionally, are there any tax implications for individuals or businesses transacting in Bitcoin in Greece? Clarifying these points would be extremely helpful for anyone considering using Bitcoin in Greece. Thank you for your assistance.
5 answers
Riccardo
Fri Jul 05 2024
Cryptocurrency ownership and trading are legal in Greece, affording individuals the freedom to engage in transactions involving Bitcoin and other digital assets.
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BonsaiVitality
Fri Jul 05 2024
The spot trading service on BTCC allows investors to buy and sell Bitcoin and other cryptocurrencies at the current market price, providing liquidity and convenience. The futures contracts offered by BTCC enable investors to hedge their portfolios or speculate on future price movements.
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emma_grayson_journalist
Fri Jul 05 2024
Despite the legal framework permitting crypto activities, Greece does not currently possess specific or explicit regulatory legislation regarding the taxation of income derived from cryptocurrency trading or mining. This lack of clarity creates a grey area for taxpayers, leaving them to interpret and apply general tax principles.
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Lucia
Fri Jul 05 2024
The absence of dedicated crypto tax laws in Greece prompts inquiries from investors seeking clarity on the best platforms to acquire Bitcoin. With various cryptocurrency exchanges operating globally, choosing a reliable and suitable platform becomes crucial.
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lucas_clark_artist
Fri Jul 05 2024
One such exchange that operates in Greece and caters to the needs of local investors is BTCC. BTCC, based in the United Kingdom, offers a comprehensive suite of crypto services, including spot trading, futures contracts, and digital wallet management.
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