Nikolas Sargeant
Brazil has made a bold move to integrate cryptocurrency into its financial system. On March 12, 2025, Federal Deputy Luiz Phillipe de Orleans e Bragança introduced a bill that permits employees to receive part of their salary in Bitcoin (BTC). This marks a significant step toward mainstream crypto adoption, positioning Brazil alongside pioneering countries like El Salvador, which have embraced digital currency in daily transactions.
The bill allows for voluntary partial salary payments in Bitcoin, requiring mutual agreement between employers and employees. By offering a digital alternative to traditional fiat currency, the legislation aims to provide workers with greater flexibility in managing their earnings. Employers will have the option to offer Bitcoin payments, while employees can choose whether to accept them based on personal preferences and understanding of cryptocurrencies. This comes as legislation was recently introduced allowing for a Bitcoin reserve in Brazil.
This proposed legislation aligns with Brazil’s ongoing efforts to modernize its financial infrastructure. The country’s growing interest in cryptocurrency has led to various reforms, including the legalization of digital assets as a recognized payment method in 2022. Brazil was also the first country to approve a spot XRP ETF. With Brazil already ranked 10th on the Chainalysis Global Crypto Adoption Index, this new move builds on its role as a regional leader in crypto adoption.
The private sector has been quick to embrace these changes, with companies like Binance offering crypto payment solutions in Brazil. Major retailers and fintech firms are increasingly incorporating cryptocurrency into their business models, while startups and banks work to integrate crypto-friendly services. These shifts are reducing the reliance on traditional banking systems, unlocking new financial opportunities across various industries.
