Brazilian lawmakers, led by Deputy Luiz Philippe de Orleans e Bragança, propose a bill (PL 957/2025) to allow employers to pay up to 50% of salaries in Bitcoin. Full salary payments in crypto are prohibited, aimed at balancing innovation with stability in the Brazilian economy.
Brazilian lawmakers are exploring legislation that would enable employers to pay employees’ salaries using cryptocurrencies, notably Bitcoin. Proposed by Federal Deputy Luiz Philippe de Orleans e Bragança on March 12, the bill (PL 957/2025) seeks to regulate crypto payments for wages, remuneration, and labor benefits.
This bill aims to legalize voluntary and partial payments in cryptocurrencies, while mandating that at least part of the salary be paid in the national currency, the Brazilian real. Orleans-Braganza, who has ties to Brazil’s former monarchy and serves as a federal deputy for São Paulo, supports this innovative approach to wage payments.
The proposed legislation allows Bitcoin payments to reach a maximum of 50% of an employee’s total salary. It explicitly prohibits employers from paying full salaries in cryptocurrencies, with exceptions for expatriates or foreign workers as per Brazilian Central Bank regulations. Independent service providers can receive full payments in crypto, provided they meet specific contractual requirements.
In this regulation, it is stipulated that at least half of the salary must be paid in Brazilian real, ensuring some stability in remuneration. The conversion rates for the crypto amounts must adhere to the official rates set by the Central Bank of Brazil, reflecting market standards. Further updates will be provided as this situation evolves.
The introduction of PL 957/2025 marks a significant step towards integrating cryptocurrency into wage payments in Brazil. It allows partial Bitcoin payments while ensuring that at least 50% of salaries are paid in the Brazilian real, thereby balancing innovation with financial stability. This legislation aims to provide clarity in the emerging landscape of digital currencies and enhance the legal framework around crypto in employment.
Original Source: cointelegraph.com
