Brazilian Deputy Luiz Philippe de Orleans e Bragança has introduced bill PL 957/2025, allowing employers to pay up to 50% of salaries in cryptocurrencies like Bitcoin. The bill mandates that at least half of wages must be paid in Brazilian real, aiming to regulate crypto salary payments. Full payments in cryptocurrency are limited to independent service providers under certain conditions.
Brazilian lawmakers are presently evaluating a newly proposed piece of legislation that would enable employers to compensate their employees with cryptocurrencies such as Bitcoin. Federal Deputy Luiz Philippe de Orleans e Bragança introduced this bill, which is designed to regulate crypto payments for various forms of remuneration, on March 12 under the designation PL 957/2025.
The bill seeks to legitimize voluntary and partial salary payments in cryptocurrencies while stipulating that employers must pay a portion of the salary in the national currency, the Brazilian real. Deputy Orleans-Bragança, a descendent of Brazil’s former royal lineage, is currently serving his second term representing São Paulo and is known for his support of Truth Social, a social media platform linked to U.S. President Donald Trump.
Significantly, the proposed legislation restricts cryptocurrency payments to a maximum of 50% of an employee’s salary. According to the stipulations, “The payment of salaries exclusively in virtual assets is prohibited,” with exceptions made for expatriate and foreign workers as per Central Bank of Brazil regulations. Furthermore, independent service providers may receive full compensation in cryptocurrencies, contingent upon specific contractual agreements.
As per the provisions, the Brazilian real portion of an employee’s payment must constitute at least 50% of the total remuneration. Moreover, the conversion rate for the crypto component must align with the exchange rate recognized by an institution accredited by the Central Bank of Brazil. Updates will be provided as more information emerges on this legislative initiative.
The legislative proposal from Brazilian lawmakers aims to permit partial salary payments in cryptocurrency while ensuring that a minimum portion is paid in the national currency. By capping the proportion of salary that can be paid in Bitcoin to 50%, this bill seeks to regulate and harmonize the use of digital currencies within the labor market, reflecting a keen interest in integrating cryptocurrency into mainstream financial systems.
Original Source: cointelegraph.com
