The post Brazil’s New Finance Minister Puts Crypto Tax Policy on Pause: Report appeared on BitcoinEthereumNews.com.

Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections in October 2026 to avoid pushing for “divisive” tax changes during an election year.  Regulators and government officials originally slated a public consultation on crypto tax policy for later this year, which may be delayed until 2027, but still “remains on the radar,” sources familiar with the matter told Reuters. Brazil ended its no tax policy on gains from smaller cryptocurrency sales or transfers in June 2025, shifting to a 17.5% flat tax on crypto capital gains, including those made from offshore and self-custodial holdings. Under the previous rules, residents who sold up to 35,000 Brazilian real, equivalent to about $6,587, per month were exempt from capital gains taxes on any profits, and investors who surpassed this threshold were subject to progressive tax rates between 15% and 22.5%. In November 2025, Banco Central do Brasil, the country’s central bank, published rules that treat stablecoin transfers as foreign currency exchange, subject to the same tax laws. The Brazilian government is also eyeing proposals to tax cryptocurrencies used for international payments and is aligning its reporting rules to be consistent with regulations under the Crypto-Asset Reporting Framework (CARF), an international monitoring standard for crypto transactions. The decision to place the crypto tax consultation on hiatus comes during a time when the South American country is rapidly adopting crypto, and the industry is growing in Brazil. Related: Brazil’s Pix instant payment system expands to Argentina Brazil is one of the top countries in the world for crypto adoption Brazil ranks number five on Chainalysis’s crypto Global Adoption Index and ranks number one in terms of adoption in the Latin America region. Brazil ranks number five globally in terms of crypto adoption. Source: Chainalysis…

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Filed under: News - @ March 22, 2026 12:18 am