🇧🇷

Crypto Regulation in São Paulo

Legal

São Paulo is Brazil's financial center, hosting B3 exchange and most crypto companies. Federal Law 14,478/2022 applies nationally. CVM and BCB regulate.

Region: South America

Tax Information

Capital Gains (Personal)
15-22.5% on gains >R$35K/month
Capital Gains (Corporate)
15% + 10% surcharge
VAT on Crypto
--
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
Banco Central do Brasil / CVM
Framework
Law 14,478/2022 + BCB regulations
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
--
Travel Rule
--
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000
Reviewed: 2026-03-01high

Frequently Asked Questions

Is crypto legal in São Paulo?
Cryptocurrency is currently classified as "Legal" in São Paulo. São Paulo is Brazil's financial center, hosting B3 exchange and most crypto companies. Federal Law 14,478/2022 applies nationally. CVM and BCB regulate.
What is the crypto tax rate in São Paulo?
In São Paulo, the personal capital gains tax on crypto is 15-22.5% on gains >R$35K/month, and the corporate tax rate is 15% + 10% surcharge.
Do I need a crypto license in São Paulo?
Yes, a crypto license is required in São Paulo. The regulator is Banco Central do Brasil / CVM under Law 14,478/2022 + BCB regulations. Estimated licensing cost: varies.
Is crypto mining legal in São Paulo?
Yes, crypto mining is legal in São Paulo. Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in São Paulo?
KYC requirements for crypto businesses in São Paulo are not clearly defined.