- New finance minister Dario Durigan has delayed a planned crypto tax consultation potentially until 2027.
- Stablecoins account for roughly 90% of Brazil’s crypto transaction volume, with an estimated US$319 billion in total crypto transactions processed between mid-2024 and mid-2025.
- Brazil’s existing 17.5% flat tax on crypto capital gains and central bank rules classifying stablecoin transfers as foreign exchange operations remain in force.
Brazil has postponed a planned public consultation on crypto taxation, delaying decisions on how stablecoin-heavy activity will be taxed in one of the world’s fastest-growing digital asset markets.
Finance minister Dario Durigan, who took office on March 20, halted…
