🇧🇷 Brazil

Brazil has a clear legal framework for cryptocurrency regulation established by Law 14,478/2022 (Marco Legal) and Decree 11,563/2023, providing comprehensive rules for crypto activities including licensing and AML compliance.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regionsouth america
CurrencyBRL
Adoption Rank#9

Tax Information

Capital Gains (Personal)17.5% flat capital gains tax (effective January 1, 2026, per Provisional Measure 1,303/2025). Prior monthly exemption for gains on sales under BRL 35,000 was eliminated.
Capital Gains (Corporate)25% corporate tax on crypto gains
VAT on CryptoNo
Staking TaxTaxed as income at progressive rates
Airdrop TaxTaxed as income

Brazil taxes crypto capital gains progressively for individuals (15%-22.5%) and at 25% corporate tax for businesses. Staking and airdrops are taxed as income. VAT does not apply to crypto transactions.

Licensing & Registration

RequiredYes
RegulatorBCB / CVM
FrameworkLaw 14,478/2022 (Marco Legal), Decree 11,563/2023, and BCB Resolutions 519/520/521 (November 10, 2025; effective February 2, 2026), plus BCB Instruction 701/2026 (stablecoin technical certification) and BCB Resolution 561/2026 (cross-border stablecoin ban)
Easemedium
Cost (USD)$20,000 - $200,000

Licensing is mandatory for crypto service providers under the Marco Legal framework with moderate complexity in obtaining licenses.

Enforcement Activity

Level: Moderate

Receita Federal actively pursues crypto tax non-compliance. CVM has issued stop orders against unauthorized crypto offerings. Federal Police have investigated crypto fraud operations.

CBDC

StatusResearch
NameDREX (Phase 2)
Issuing AuthorityCentral Bank of Brazil
Modelretail
TechnologyBradesco Nubank Banco Inter, Microsoft e 7Comm Santander, Santander Asset Management, F1RST e Toro CTVM Itaú Unibanco Basa, TecBan, Pinbank, Dinamo, Cresol, Banco Arbi, Ntokens, Clear Sale, Foxbit, CPqD, AWS e Parfin SFCoop: Ailos, Cresol, Sicoob, Sicredi e Unicred XP, Visa Banco BV Banco BTG Banco ABC, Hamsa, LoopiPay Banco B3, B3 e B3 Digitas ABBC: bancos Brasileiro de Crédito, Ribeirão Preto, Original, ABC, BS2 e Seguro; ABBC, BBChain, Microsoft e BIP Banco do Brasil (DLT)

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are regulated under the Marco Legal framework, requiring compliance with AML and licensing rules.

Stablecoins

Status: Unknown

NFTs

Status: no_rules

No NFT-specific regulation. CVM may assert jurisdiction over NFTs with securities characteristics.

Mining

LegalYes
Electricity Cost$0.098/kWh
Renewable Energy83%
Infrastructuregood

Brazil has a well-established mining sector with high renewable energy usage, mainly hydroelectric power, supporting sustainable mining operations.

Geopolitical Risk

Sanctions

Sources

Frequently Asked Questions

Is cryptocurrency legal in Brazil?

Brazil has a clear legal framework for cryptocurrency regulation established by Law 14,478/2022 (Marco Legal) and Decree 11,563/2023, providing comprehensive rules for crypto activities including licensing and AML compliance.

Are VASPs licensed in Brazil?

Yes, licensing is required for VASPs.

Need help with Brazil crypto regulation?

Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.

Legal & Corporate

Crypto Legal & Compliance

VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.

Explore Legal Services →
IT & Security

Web3 Security & Development

Smart-contract audits, penetration testing, Web3 development, AI/LLM security audits.

Explore IT Services →

Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

← Back to Crypto Map