Brazilian Workers May Get Salaries in Crypto Under New Bill
Brazil is taking a major step toward cryptocurrency adoption with a new bill, PL 957/2025, which could allow Brazilian workers to receive salaries in crypto. Introduced on March 12, 2025, by federal deputy Luiz Philippe de Orleans e Bragança, the bill proposes that employees can opt to receive up to 50% of their wages in cryptocurrency, while the rest remains in Brazilian real.
For expatriates and foreign remote workers, the bill allows 100% of salaries to be paid in crypto, following Central Bank regulations. This shift could position Brazil as a leader in blockchain-based payroll systems.
How the Crypto Salary System Will Work
The bill sets strict guidelines to ensure compliance with existing financial laws. Employers must:
- Use the Central Bank’s exchange rates for crypto salary conversions.
- Provide detailed salary breakdowns to maintain tax transparency.
- Educate employees on cryptocurrency security and market volatility before opting in.
These measures aim to protect workers from potential risks while promoting financial innovation.
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Brazil’s Crypto Strategy and Global Comparisons
Brazil’s approach to crypto payroll differs from countries like Switzerland and Japan, which have adopted cryptocurrency without linking it to national reserves. The bill does not impact Brazil’s foreign policy directly, but it aligns with ongoing efforts to use crypto in BRICS trade, reducing dependence on the U.S. dollar.
If passed, Brazilian workers receiving salaries in crypto could mark a major shift in financial transactions, attracting fintech talent and boosting blockchain adoption in Latin America.
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