Brazil

Regulated Partly Confirmed Verified August 24, 2026

Brazil permits crypto activity under Law 14,478/2022. The Central Bank regulates VASPs, while CVM retains authority over tokens that qualify as securities.

Banco Central do Brasil / Comissão de Valores Mobiliários

Total Laws (incl. applicable EU-wide)

Effective Laws

At a Glance

Is holding crypto allowed?

Allowed

Is crypto trading allowed?

Regulated

Is P2P trading allowed?

Allowed

Are crypto payments allowed?

Regulated

Is crypto legal tender?

Is mining allowed?

Allowed

Is staking allowed?

Regulated

Is DeFi participation allowed?

Regulated

Are stablecoins allowed or regulated?

Regulated

Activity Status Matrix

Activity	Status	Details
Holding Crypto	Allowed	Is holding crypto allowed?
Crypto Trading	Regulated	Is crypto trading allowed?
P2P Trading	Allowed	Is P2P trading allowed?
Crypto Payments	Regulated	Are crypto payments allowed?
Legal Tender	No	Is crypto legal tender?
Mining	Allowed	Is mining allowed?
Staking	Regulated	Is staking allowed?
DeFi	Regulated	Is DeFi participation allowed?
Stablecoins	Regulated	Are stablecoins allowed or regulated?
NFTs	Regulated	Are NFTs allowed or regulated?
Token Launches	Regulated	Are token launches allowed?
Crypto Advertising	Regulated	Is crypto advertising allowed?
Banking Access	Regulated	Do crypto businesses have banking access?

Regulation Overview

Brazil has an active national virtual-asset framework. Law 14,478/2022 establishes principles for virtual-asset services and VASPs, adds virtual-asset fraud and AML provisions, and preserves CVM authority over securities. The Central Bank of Brazil is the principal federal regulator for VASPs and introduced authorisation, governance, consumer-protection, AML and foreign-exchange rules that became operational in 2026. Crypto assets are not sovereign legal tender. Individuals and businesses may own and trade them, subject to tax and reporting rules, including the Receita Federal's DeCripto reporting regime.

Tax Information

Crypto disposals and business income can be taxable. Brazil also requires transaction and asset reporting under Receita Federal rules, including DeCripto from the applicable 2026 reporting period.

Individual Tax Treatment

Capital gains on crypto disposals are generally taxable at progressive capital-gains rates. Official Receita guidance recognises a small-transaction exemption for qualifying domestic transactions where total monthly disposals do not exceed R$35,000; foreign-held assets and later reforms require separate review. Crypto assets meeting declaration thresholds must be reported at acquisition cost.

Business Tax Treatment

Brazilian businesses must recognise crypto-related revenue and gains under the corporate tax regime applicable to their legal form. Brazilian exchanges and qualifying persons must submit prescribed crypto transaction reports to Receita Federal.

Receita Federal do Brasil

Business & Licensing

VASPs operating in Brazil require Central Bank authorisation under the national framework and implementing regulations. Securities-token activities remain subject to CVM rules and may require separate registration or authorisation.

AML / KYC Requirements

VASPs are within Brazil's AML framework and must apply customer due diligence, transaction monitoring, suspicious-activity reporting, governance, recordkeeping and controls required by Central Bank and AML rules.

Primary Regulator

Banco Central do Brasil / Comissão de Valores Mobiliários

bcb.gov.br

Crypto Laws & Regulations in Brazil

Tax Ruleeffective

Brazil DeCripto Reporting

Instrução Normativa RFB No. 2,291/2025 – DeCripto

Published: November 14, 2025Effective: July 1, 2026Ref: IN RFB 2,291/2025

Modernises crypto transaction reporting and aligns it with the OECD Crypto-Asset Reporting Framework.

TaxDisclosure

Official Source

Acteffective

Brazil Virtual Assets Law

Law No. 14,478 of 2022

Published: December 21, 2022Effective: June 20, 2023Ref: Law 14,478/2022

Creates Brazil's legal framework for virtual-asset services and VASPs.

LicensingAML/KYCConsumer ProtectionEnforcement

Official Source

Regulationpartially_effective

BCB Resolutions No. 519, 520 and 521 of 2025 — Virtual Asset Regulatory Framework

Resoluções BCB nos. 519, 520 e 521, de 10 de novembro de 2025

Ref: BCB Resolution No. 519/2025; No. 520/2025; No. 521/2025

Brazil's Central Bank (BCB) Resolutions No. 519, 520 and 521 of 10 November 2025 implement the virtual-asset regulatory framework under the supervision of the Central Bank. Resolution 519 establishes VASP authorisation procedures; Resolution 520 sets activity, governance, controls, security and conduct requirements; Resolution 521 integrates specified virtual-asset operations into Brazil's foreign-exchange and international-capital rules. Commencement is staged during 2026 — verify the effective date for each resolution separately.

LicensingExchangesAML/KYCConsumer ProtectionPayments

Official Source