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.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | south america |
| Currency | BRL |
| Adoption Rank | #9 |
| 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 Crypto | No |
| Staking Tax | Taxed as income at progressive rates |
| Airdrop Tax | Taxed 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.
| Required | Yes |
| Regulator | BCB / CVM |
| Framework | Law 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) |
| Ease | medium |
| Cost (USD) | $20,000 - $200,000 |
Licensing is mandatory for crypto service providers under the Marco Legal framework with moderate complexity in obtaining licenses.
Receita Federal actively pursues crypto tax non-compliance. CVM has issued stop orders against unauthorized crypto offerings. Federal Police have investigated crypto fraud operations.
| Status | Research |
| Name | DREX (Phase 2) |
| Issuing Authority | Central Bank of Brazil |
| Model | retail |
| Technology | Bradesco 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) |
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | not_grey_listed |
| FATF Body | GAFILAT |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities are regulated under the Marco Legal framework, requiring compliance with AML and licensing rules.
Status: regulated
Stablecoins are regulated under BCB Resolution 520/2025 and BCB Instruction 701/2026, which require full backing in fiat currency or government securities, prohibit algorithmic stablecoins, mandate independent audits and proof-of-reserves, and require technical certification for VASP listing. Fiat-referenced stablecoins are classified as FX/capital-market operations. BCB Resolution 561/2026 bans the use of stablecoins (and other crypto) by eFX providers to settle cross-border remittances, effective October 1, 2026. Individual investors may still hold and trade stablecoins through authorised SPSAVs.
Status: no_rules
No NFT-specific regulation. CVM may assert jurisdiction over NFTs with securities characteristics.
| Legal | Yes |
| Electricity Cost | $0.098/kWh |
| Renewable Energy | 83% |
| Infrastructure | good |
Brazil has abundant renewable energy resources, especially hydroelectric power, making it attractive for sustainable crypto mining operations. Infrastructure for data centers and internet connectivity is well-developed in major urban centers.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 38/100 |
| Banking Access | moderate |
| Sanctions Program Active | Yes |
Risk Factors
Brazil is politically stable with moderate corruption and a generally open internet environment. Banking access for crypto firms is moderate due to regulatory scrutiny. No international sanctions apply to Brazil. Economic risks include inflation and occasional capital controls.
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.
Brazil is classified by FATF as: not_grey_listed.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
Soken combines Web3 security engineering and crypto-legal counsel — two specialised tracks, one team. Pick the side that matches your need.
VASP licensing, jurisdiction analysis, AML/KYC, legal opinions, company registration and banking access.
Explore Legal Services → IT & SecuritySmart-contract audits, penetration testing, Web3 development, AI/LLM security audits.
Explore IT Services →Last reviewed: 2026-09-01 · Data source: Soken Crypto Legal Map
← Back to Crypto Map