• 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

a year 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

Justin Bons Defends Hyperliquid HYPE Against Solana SOL

chest

Justin Bons defends Hyperliquid HYPE against Solana SOL, emphasizing its design choices and product execution for superior trading experience.

user avatarLuis Flores

Dogecoin ETF Launches on Major European Exchange

chest

The Dogecoin Exchange-Traded Funds (ETFs) have debuted on Xetra, marking a significant milestone for the cryptocurrency sector.

user avatarArif Mukhtar

Regulatory Changes Boost Dogecoin's Market Position

chest

Regulatory changes by the SEC and CFTC classify Dogecoin as a digital commodity, reducing uncertainty and potentially attracting institutional investment.

user avatarMaria Gutierrez

Dogecoin Shows Strength Compared to Bitcoin

chest

Crypto analyst Trader Tardigrade highlights Dogecoin's bullish momentum compared to Bitcoin.

user avatarDavid Robinson

Coinbase Institutional Releases Q2 2026 Crypto Market Outlook

chest

Coinbase Institutional has published its latest outlook for the crypto market in Q2 2026, framing its position as neutral due to ongoing geopolitical uncertainties.

user avatarAndrew Smith

Public Misconceptions About AI Content Highlighted in New Study

chest

A survey reveals that most Americans hold misconceptions about the negative impacts of AI-generated content, despite data showing no significant evidence of harm.

user avatarJacob Williams

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.