Crypto to Brasil. Brazil is a country that understood The importance of cryptocurrency And who does everything possible to integrate them into their financial system. In 2022, the central bank published a number of rules that could oversee the sector and protect consumers. Recently, it has been a giant book of e-commerce Mercado, who announced that Bitcoin and Ethereum will receive for his purchases. Today it is a federal representative that indicates an account that allows payments of wages in cryptocurrencies. Direction Brasilia to evaluate this message.
- Brazil could soon allow payday wages in the cryptocurrency due to a bill submitted by a federal representative.
- This bill reflects the crypto-friendly position of Brazil, which multiplies the initiatives to integrate digital assets into its economy.
An account that allows payday wages in cryptocurrencies
Federal Luiz Philippe de Orleans e Bragança 12th March submitted a bill to allow wages in cryptocurrencies. More specifically, it is an employer’s permission Pour part of the reward In digital active components, but not more than 50 % of the total. The second half to be paid in Reais, in national currency.
The text stipulates that the payment in the cryptocurrencies must be voluntary AND negotiated between the two parties. It is also applied to employees for independent service providers and the measure of conversion of cryptocurrency must be based on the official course specified by the institution permitted Brazil Central Bank.
A representative, who is also a descendant of the Brazilian royal family, explains in his presentation of the reasons why this measure focuses on “To strengthen the principle of autonomy by allowing workers and employers to decide more freedom on their contractual relations without prejudice for basic guarantees”.
He adds that paying wages in cryptocurrencies could “Stimulate the financial technology industry and attracts investment in cryptocurrencies in the local economy”.
Brazil, crypto-friendly land
With this account, Brazil Confirms its position of the country Crypto-friendly. In fact, in recent years, the South American giant has multiplied the initiative to support the acceptance of digital assets.
In 2022, the central bank published a number of rules for oversee sector and defend Consumers. In particular, it defined the obligations of exchanged platforms, digital portfolios and Stablecoin transmitters. It also created a national register of service providers in cryptocurrencies.
In 2023 it was a giant book of e-commerce Mercado, who announced that he would accept Bitcoin and Ethereum for his purchases. A platform that has more than 70 million users in Brazil has created a partnership with a payment service cryptocurrencies Bitpay.
Finally, in 2025, the Brazilian government launched an initiative to facilitate transactions between BRICS pays (Brazil, Russia, India, China and South Africa) using blockchain technology. A project to create a common digital currency to reduce addiction to the US dollar.
Brazil is not the only country to consider paying wages in cryptocurrencies. Other jurisdictions such as Switzerland, Japan or Portugal have already created legal framework to allow this practice. And you would be ready to accept Your salary in Bitcoins or Ethereum?