• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Brazil May Permit Bitcoin as Salary Payment

user avatar

by Giorgi Kostiuk

5 hours ago


The Brazilian National Congress is considering a new bill that would allow employees to receive salaries in Bitcoin and other digital assets.

Bill on Digital Asset Payments

The Brazilian National Congress received a bill allowing employees to get paid in Bitcoin and other digital assets. The bill was authored by politician Luiz Philippe of Orleans-Braganza, advocating for the regulation of salary payments in digital currencies.

Provisions of the Bill

According to the bill, employees can receive up to 50% of their salary in Bitcoin if both parties agree. The bill also requires companies to provide financial education to employees.

International Examples and Digital Asset Competition

Brazil joins other countries exploring crypto payments, following Argentina's legislative proposal for similar measures.

The new bill could bolster Brazil’s stance on the global digital asset stage and attract more foreign capital.

0

Share

Other news

Promising Altcoins: BDAG, Solana, Dogecoin, and Cardano

Exploring BlockDAG, Solana, Dogecoin, and Cardano – altcoins with unique features and growth prospects.

user avatarGiorgi Kostiuk

5 minutes ago

Innovations in the Crypto Market: Qubetics, Polkadot, and Cosmos

Projects Qubetics, Polkadot, and Cosmos showcase innovation and growth potential in the crypto market, focusing on real-world applications.

user avatarGiorgi Kostiuk

5 minutes ago

Brazil: Crypto and Bitcoin Salary Discussions Underway

Brazilian Congress reviews salaries in cryptocurrency with 50% required in reais.

user avatarGiorgi Kostiuk

10 minutes ago

Altcoins and Their Future: Bitcoin's Key Levels of Influence

The altcoin market is under discussion in light of Bitcoin's critical levels and volatility.

user avatarGiorgi Kostiuk

12 minutes ago

Clearstream to Offer Institutional BTC and ETH Custody

Clearstream, a Deutsche Boerse unit, announces crypto custody services for institutional clients.

user avatarGiorgi Kostiuk

17 minutes ago

Market Analysis: Challenges in Altcoin Recovery and Investor Strategies

Altcoins show short-term growth, but analysts warn of risks. Bitcoin's support and resistance levels are critical.

user avatarGiorgi Kostiuk

24 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.