Brazilian lawmakers are considering legislation to allow salaries to be paid in cryptocurrencies, with a proposal from Deputy Luiz Philippe de Orleans e Bragança. The bill, filed on March 12, permits voluntary and partial payments in crypto while mandating that at least 50% of salaries be paid in Brazilian real. Full payments in crypto are restricted for most employees but allowed for certain independent contractors.
In Brazil, legislation is being proposed to allow employers the option to pay employee salaries in cryptocurrencies, such as Bitcoin. This initiative, introduced by Federal Deputy Luiz Philippe de Orleans e Bragança, aims to regulate crypto payments for wages, which include remuneration and labor benefits. The bill, numbered PL 957/2025, was filed on March 12 and seeks to establish a legal framework for these alternative forms of payment.
The proposed bill stipulates that while employees may receive partial payments in cryptocurrencies, a minimum of 50% of their salary must be paid in the Brazilian real. Orleans e Bragança emphasizes that the complete payment of salaries in crypto is prohibited, with exceptions made only for expatriate workers or foreign employees as per Central Bank guidelines.
Additionally, independent service providers are permitted to receive complete crypto payments under outlined contractual terms. The legislation specifies that any cryptocurrency payment must be converted based on the official exchange rate issued by an institution sanctioned by the Central Bank of Brazil. This move towards regulated crypto salary payments represents a noteworthy development within the evolving landscape of cryptocurrency in Brazil.
The proposed legislation in Brazil by Deputy Luiz Philippe de Orleans e Bragança marks a significant step towards integrating cryptocurrencies into the workforce. By establishing regulations that permit partial crypto salary payments, while mandating a minimum share in the national currency, the bill aims to strike a balance between innovation and financial stability. This initiative may pave the way for further discussions on the role of cryptocurrencies in labor compensation.
Original Source: cointelegraph.com
