• 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

9 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.

chest

Other news

Bitfinex Removes All Trading Fees to Enhance Market Liquidity

chest

Bitfinex has eliminated all trading fees across its platform, marking a significant shift in the crypto trading landscape.

user avatarKenji Takahashi

Trump's Crypto Policy Claims Lack Evidence

chest

Experts find no substantial evidence supporting claims about Trump's impact on cryptocurrency regulations.

user avatarMaria Fernandez

Ethereum Gas Limit Set to Increase Again with Upcoming BPO Hard Fork

chest

The Ethereum network is preparing for a significant increase in its gas limit from 60 million to 80 million with the second BPO hard fork scheduled for January 7.

user avatarRajesh Kumar

Adobe Faces Class Action Lawsuit Over Alleged AI Training Data Theft

chest

Adobe is facing a class action lawsuit for allegedly using unauthorized copyrighted books to train its AI models, raising significant legal and ethical questions.

user avatarGustavo Mendoza

Deribit Acquisition Highlights Coinbase's Diversification Strategy

chest

Coinbase's acquisition of Deribit for $2.9B in 2025 reflects its push into derivatives, enhancing trading revenue.

user avatarMiguel Rodriguez

Ethereum Retail Investor Exodus Signals Challenges for Price Recovery

chest

A significant decline in Ethereum retail investor participation has been observed, with active sending addresses dropping to around 170,000, indicating a concerning exodus of everyday investors from the Ethereum network.

user avatarLuis Flores

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.