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

Brazil Mulls Over Cryptocurrency Wage Payment Bill

user avatar

by Giorgi Kostiuk

4 months ago


A bill has been introduced in Brazil that would allow companies to pay their employees part of their wages in cryptocurrency. The bill was proposed by federal deputy Luiz Philippe de Orleans e Bragança and aims to regulate wage payments in virtual currencies.

Introduction of New Payment Rules

On March 12, a bill PL 957/2025 was filed aiming to regulate partial wage payments in cryptocurrencies like Bitcoin. It also mandates partial payment in the national currency, the Brazilian real.

Main Provisions of the Bill

The bill proposes to cap cryptocurrency payments at 50% of the total salary payout. Paying full salaries in cryptocurrency is prohibited, except for cases involving expatriate or foreign workers, under regulations by the Central Bank of Brazil.

Features and Limitations

Certain independent service providers are allowed to receive full payments in cryptocurrency subject to specific contractual provisions. The conversion of amounts paid in cryptocurrency must follow the exchange rate officially established by an institution authorized by the Central Bank of Brazil.

The Brazilian bill for partial cryptocurrency wage payments marks an important step towards the recognition of such assets at the national economic level. However, there are numerous conditions and restrictions intended to balance the interests of employers and the government.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Hal Finney's Predictions about Bitcoin's Future Are Coming True

chest

Renowned expert Hal Finney predicted in 2010 that Bitcoin would become a cornerstone of future financial systems, and his forecasts are now unfolding.

user avatarGiorgi Kostiuk

How Hal Finney's Predictions are Shaping the Financial Landscape

chest

In 2010, Hal Finney predicted Bitcoin would become a cornerstone for new financial systems. Learn about his impact and current developments.

user avatarGiorgi Kostiuk

Minna Bank and Fireblocks Begin Study of Stablecoins on Solana Blockchain

chest

Minna Bank and Fireblocks explore stablecoins on the Solana blockchain, which could influence financial innovation in Japan.

user avatarGiorgi Kostiuk

Crypto Tax Bill: Changes for Everyday Purchases

chest

The bill introduces tax exemptions for crypto transactions under $300 and other measures simplifying taxation.

user avatarGiorgi Kostiuk

Arrest of WhiteRock's Founder and Its Impact on WHITE Token

chest

The arrest of Ilham, the founder of WhiteRock, led to a significant drop in the WHITE token's value by over 40%. Investor confidence in DeFi projects is questioned.

user avatarGiorgi Kostiuk

Bitstamp: New License and Service Expansion in Asia

chest

Bitstamp has received a license from MAS, enabling regional crypto services and enhancing user security.

user avatarGiorgi Kostiuk
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.