🇧🇷 Brazil

Brazil has a clear legal framework for cryptocurrency regulation established by Law 14,478/2022 (Marco Legal) and Decree 11,563/2023, providing comprehensive rules for crypto activities including licensing and AML compliance.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionsouth america
CurrencyBRL
Adoption Rank#9

Tax

Capital Gains (Personal)15% to 22.5% progressive capital gains tax
Capital Gains (Corporate)25% corporate tax on crypto gains
VAT on CryptoNo
Staking TaxTaxed as income at progressive rates
Airdrop TaxTaxed as income

Brazil taxes crypto capital gains progressively for individuals (15%-22.5%) and at 25% corporate tax for businesses. Staking and airdrops are taxed as income. VAT does not apply to crypto transactions.

Licensing

RequiredYes
RegulatorBCB / CVM
FrameworkLaw 14,478/2022 (Marco Legal) and Decree 11,563/2023
Easemedium
Cost$20,000 - $200,000

Licensing is mandatory for crypto service providers under the Marco Legal framework with moderate complexity in obtaining licenses.

DeFi

Status: regulated

DeFi activities are regulated under the Marco Legal framework, requiring compliance with AML and licensing rules.

Stablecoins

Status: regulated

Stablecoins are regulated under the general crypto asset framework established by Law 14,478/2022, requiring issuer registration and compliance with financial regulations.

NFTs

Status: no_rules

No NFT-specific regulation. CVM may assert jurisdiction over NFTs with securities characteristics.

Mining

LegalYes
Electricity$0.098/kWh
Renewable83%
Infrastructuregood

Brazil offers favorable conditions for mining with high renewable energy usage and moderate electricity costs.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index38/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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