Brazilian lawmakers propose legislation allowing employers to pay salaries in cryptocurrencies like Bitcoin

Brazilian legislators are currently reviewing a new bill that would officially permit employers to use cryptocurrencies such as Bitcoin to pay their employees. Federal deputy Luiz Philippe de Orleans e Bragança has proposed a bill that would regulate the use of cryptocurrencies for wages, remunerations, and labor benefits. The bill, known as PL 957/2025, would allow voluntary and partial salary payments in cryptocurrencies like Bitcoin, with a requirement for employers to also pay a portion in the national currency, the Brazilian real. Orleans-Braganza, a descendant of Brazil's former royal family, is in his second term as a federal deputy for Sao Paolo and is associated with supporting Truth Social, a social media platform owned by former U.S. President Donald Trump. The proposed legislation would limit cryptocurrency payments to 50% of an employee's salary, with full crypto payments allowed for independent service providers under specific contractual conditions. Additionally, the bill mandates that the conversion of crypto payments into the Brazilian real must follow the official exchange rate set by an institution authorized by the Central Bank of Brazil. This is an ongoing story, and updates will be provided as more information becomes available.