---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "south_america", "fatf", "legal"]
aliases: ["BR", "BRA", "Brasil"]
created: 2026-05-06
updated: 2026-02-01
compile_into: ["[[country--brazil]]"]
sources:
  - name: "Government of Brazil - Law 14,478"
    url: "https://www.planalto.gov.br"
    type: "official"
  - name: "Banco Central do Brasil"
    url: "https://www.gov.br"
    type: "official"
---

# 🇧🇷 [[country--brazil|Brazil]] (BR) — Crypto Regulation

> 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

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--south-america|south america]] |
| Currency | [[entity--brl|BRL]] |
| Adoption Rank | #9 |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 15% to 22.5% progressive capital gains tax |
| Capital Gains (Corporate) | 25% corporate tax on crypto gains |
| VAT on Crypto | No |
| Mining Tax | Taxed as business income under corporate tax rules |
| 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.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--bcb|BCB]] / CVM |
| Framework | Law 14,478/2022 (Marco Legal) and Decree 11,563/2023 |
| Ease | medium |
| Cost | $20,000 - $200,000 |
| Timeline | 6-12 months |

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

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | Yes |
| FATF Status | compliant |

## DeFi

**Status:** regulated

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

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the general crypto asset framework established by Law 14,478/2022, requiring issuer registration and compliance with financial regulations.

## NFTs

**Status:** no_rules

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

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.098/kWh |
| Renewable Energy | 83% |
| Climate | tropical |
| Infrastructure | good |

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

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | stable |
| Sanctions | No |
| Corruption Index | 38/100 |
| Ease of Business | moderate |
| Internet Freedom | free |
| Banking Access | moderate |
| Sanctions Programs Active | Yes |

### Recent Political Events

- 2025-10-01: Implementation of Law 14,478/2022 (Marco Legal) and Decree 11,563/2023 — Established clear legal framework improving regulatory certainty for crypto businesses in Brazil.

## Enforcement

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

| Field | Value |
|-------|-------|
| Status | research |
| Name | DREX (Phase 2) |
| Authority | Central Bank of Brazil |
| Type | retail |

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-05-06.*

**Sources:**
- [Government of Brazil - Law 14,478](https://www.planalto.gov.br)
- [Banco Central do Brasil](https://www.gov.br)