🇧🇷 São Paulo

Cryptocurrency is legal in São Paulo, Brazil, regulated under Law 14,478/2022 and Central Bank of Brazil regulations. The regulatory environment supports crypto activities with clear frameworks in place.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionsouth america
CurrencyBRL

Tax

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

Crypto gains are subject to capital gains tax (15% personal, 25% corporate). Staking and mining income are taxed as regular income. VAT does not apply to crypto transactions.

Licensing

RequiredYes
RegulatorBanco Central do Brasil / CVM
FrameworkLaw 14,478/2022 and Central Bank of Brazil regulations
Easemedium
CostN/A

Licensing is mandatory for crypto service providers, including exchanges and wallet providers, under the Central Bank's regulatory framework.

DeFi

Status: regulated

DeFi activities are regulated under the same framework as other crypto services, requiring compliance with AML and licensing rules.

Stablecoins

Status: regulated

Stablecoins are regulated under the Central Bank's framework, requiring issuers to comply with financial regulations and licensing.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity$0.09/kWh
Renewable40%
Infrastructuregood

Mining is legal and benefits from relatively low electricity costs and a significant share of renewable energy. Infrastructure in São Paulo is well-developed for mining operations.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index43/100
Banking Accessmoderate

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

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