A Brazilian federal deputy has proposed legislation to allow employers to partially pay salaries in cryptocurrencies. This bill aims to boost the country's financial and technology sectors.
Bill Details
Federal Deputy Luiz Philippe de Orleans e Bragança introduced Bill PL 957/2025, which would enable salary payments in cryptocurrency on a voluntary basis. The bill prohibits full salaries from being paid in cryptocurrencies for most workers, except for expatriates and foreign workers. For standard employment, at least 50% of salaries must be paid in Brazil's national currency. Additionally, crypto payments must use exchange rates set by institutions authorized by Brazil's Central Bank.
Advantages of Legalization
Orleans-Bragança believes this measure could bring economic benefits to Brazil. It may stimulate the financial technology sector, attract cryptocurrency investments, and provide greater contractual freedom between employers and employees.
International Experience and Comparison
Several countries have successfully implemented similar regulations. In Japan, legislation requires an individual agreement between employer and employee, with specific conversion guidelines. Orleans-Bragança also cited Switzerland and Portugal as positive examples. While Brazil considers this approach, countries like Turkey and Russia entirely prohibit citizens from using cryptocurrency for payments.
The proposed bill to allow partial cryptocurrency salary payments could significantly impact Brazil's economic and financial policies, providing new opportunities for tech sector growth and investment.
