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 a well-established mining sector with high renewable energy usage, mainly hydroelectric power, supporting sustainable mining operations.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 38/100 |
| Banking Access | moderate |
Risk Factors
Brazil is not subject to OFAC, EU, UN or UK sanctions. Political environment stable; Lula administration supportive of crypto regulation. Corruption Perception Index ~38 (Transparency International 2024). No FX capital controls on crypto per se, but cross-border stablecoin settlement banned for eFX providers from October 2026. Secondary sanctions risk exists for entities transacting with Russian sanctioned parties via crypto.
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.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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