• 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

Linq's Strategic Pivot to AI Messaging Infrastructure Enhances User Experience

chest

Linq has pivoted to become an infrastructure provider for AI assistants in messaging apps, responding to market demand.

user avatarAndrew Smith

Epstein's Alleged Role in Bitcoin Development Sparks Controversy

chest

Recent interpretations of Jeffrey Epstein's correspondence suggest he had significant influence over Bitcoin's development, despite the decentralized nature of the cryptocurrency.

user avatarArif Mukhtar

Cboe's Binary Options Could Transform Prediction Market Landscape

chest

Cboe's entry into the binary options market may legitimize prediction-style trading and influence regulatory discussions.

user avatarLeo van der Veen

Cboe's Proposed Binary Options to be Regulated by SEC and CFTC

chest

Cboe Global Markets has proposed binary options to be regulated by the SEC and CFTC, ensuring compliance and investor protection.

user avatarMaya Lundqvist

US Crypto Media Traffic Declines in Q4 2025

chest

US cryptonative media experienced a significant drop in traffic during Q4 2025, with visits down by 28.24% to 10.618 million, affecting 71.95% of outlets.

user avatarTenzin Dorje

Cboe Global Markets Considers Relaunch of Binary Options for Retail Investors

chest

Cboe Global Markets is exploring the relaunch of binary options for retail investors, aiming to meet the demand for simplified trading instruments.

user avatarLi Weicheng

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.