• 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

US Dominates Digital Asset Outflows Amid Negative Sentiment

chest

US dominates digital asset outflows with $16.5 billion in redemptions amid negative market sentiment.

user avatarKofi Adjeman

Institutional Caution Reflected in Digital Asset Flows

chest

The latest data highlights institutional caution, with iShares recording $1.19 billion in weekly outflows, while Grayscale and Fidelity saw $300 million and $197 million exit their products, respectively. In contrast, ProFunds Group saw $139 million in weekly inflows, indicating selective positioning toward defensive or volatility-linked products rather than directional exposure.

user avatarAyman Ben Youssef

Hype Products Show Limited Resilience Amid Market Weakness

chest

Hype investment products recorded $155 million in inflows, linked to heightened on-chain activity in tokenized precious metals.

user avatarTando Nkube

Analysts Predict Significant Price Increase for MUTM Token

chest

Analysts predict a significant price increase for the MUTM token as it approaches its mainnet launch, potentially reaching $0.25.

user avatarNguyen Van Long

Bearish Signals Emerge for World Liberty Financial

chest

Bearish signals emerge for World Liberty Financial, indicating a downtrend with significant selling pressure and weak demand.

user avatarSatoshi Nakamura

XRP Faces Significant Price Drop Amid Broader Crypto Market Decline

chest

XRP has experienced a drastic decline in value, dropping nearly 40% from its recent peak as the entire crypto market suffers losses.

user avatarJesper Sørensen

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.