Brazil Proposes Bill to Regulate Crypto Salary Payments
- A Brazilian bill, PL 957/2025, aims to regulate salary payments in cryptocurrencies.
- The bill restricts crypto payments to a maximum of 50% of total salary.
- Exceptions allow foreign employees and independent contractors full crypto compensation.
- The exchange rate for transactions must be set by an institution authorized by Brazil’s central bank.
- Proposed by Luis Philippe de Orleans-Braganza, the bill seeks to encourage cryptocurrency adoption with regulatory clarity.
The Brazilian bill PL 957/2025 limits cryptocurrency salary payments to no more than half of total compensation, except for foreign employees and independent contractors who can receive full payment in crypto.
Source (2.6)https://hodl.press/brazil-to-review-bill-on-crypto-salary-regulation/?rand=24434
