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Brazil Freezes Crypto Tax Plans Ahead of October Vote, Reports Reuters

Brazil Freezes Crypto Tax Plans Ahead of October Vote, Reports Reuters

The shelved consultation was intended to define the tax treatment of crypto transactions following a November 2025 ruling by Banco Central do Brasil.

Crypto News

Brazil’s Finance Minister Dario Durigan has placed a public consultation on crypto taxation on hold, according to two sources cited by Reuters. The decision was driven by a desire to avoid politically divisive fiscal debates in the lead-up to Brazil’s October 2026 presidential election. The consultation may now be deferred until after a new presidential mandate begins in 2027.

Durigan stepped into the role after predecessor Fernando Haddad resigned to campaign for governor of São Paulo. President Luiz Inacio Lula da Silva asked Durigan to serve as the “new face of Brazil’s…

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