Greece’s Prime Minister Kyriakos Mitsotakis announced a new bill to support the capital market and regulate the growing cryptocurrency sector on 10 January 2025.
The proposed legislation focuses on encouraging companies to list on the stock exchange, with an emphasis on supporting small and medium-sized enterprises. By offering additional incentives, the bill aims to provide Greek businesses with access to new funding opportunities, helping drive overall economic growth in the country.
“We are aligning the national framework with European standards, especially regarding abusive practices prevalent in this environment. It is easy for rumours of quick and easy profits to circulate, but a responsible state has a duty to warn its citizens and investors—particularly small investors—of the dangers posed by various innovative tools that emerge from time to time, which even those directly involved often do not fully understand,” said Mitsotakis.
In addition to strengthening the capital market, the bill seeks to regulate the cryptocurrency market. Acknowledging the rapid expansion of digital currencies, the bill aims to introduce clear rules to protect investors, ensure safe information sharing, and issue warnings about the high risks involved in cryptocurrency investments.
