A bill introduced in Brazil suggests allowing employees to receive part of their salary in cryptocurrency, marking a significant step towards modernizing the country's financial system.
The bill PL 957/2025
On March 12, 2025, Luiz Philippe de Orleans e Bragança, a member of the Brazilian royal family and federal deputy, introduced the bill PL 957/2025. It aims to allow workers to receive up to 50% of their salary in cryptocurrency. According to the law, at least 50% of the salary must be paid in Brazilian real, the country's official currency. Exceptions include expatriates and foreign workers, who can receive their entire salary in cryptocurrency under certain conditions. The bill also mandates employers to provide educational materials on cryptocurrencies and guarantees protection against fraud and manipulation.
What does this bill aim for?
The bill aims to align the national legal system with digital market innovations and ensure security for those wishing to adopt this compensation form. It highlights the mismatch between current labor laws and the growing use of cryptocurrencies in Brazil. If enacted, the bill could enhance individual freedom and innovation and attract new professionals to Brazil's financial sector.
Political context
Brazil, the tenth-largest economy in the world, aims to maintain its leadership position in Latin America and among the most competitive economies globally. Adopting cryptocurrency as a salary form could be crucial for ensuring long-term economic growth and strengthening independence in international trade, especially amidst ongoing discussions about cryptocurrency use within the BRICS framework.
The proposed bill in Brazil represents a significant cryptocurrency regulation initiative that could transform the country's financial system, providing workers with more freedom in compensation choices and fostering economic growth.
