BTC $67,995.00 (+0.43%)
ETH $1,972.42 (+0.65%)
XRP $1.42 (-0.24%)
BNB $621.04 (-0.80%)
SOL $85.02 (+0.81%)
TRX $0.29 (+1.43%)
DOGE $0.10 (-2.59%)
BCH $567.03 (+0.35%)
ADA $0.28 (-2.00%)
LEO $8.24 (-3.32%)
HYPE $29.63 (-2.26%)
LINK $8.84 (-0.27%)
CC $0.16 (-0.21%)
XMR $324.89 (-1.45%)
XLM $0.16 (-3.85%)
RAIN $0.01 (-1.88%)
HBAR $0.10 (-1.20%)
ZEC $255.22 (-2.69%)
LTC $54.47 (-0.97%)
AVAX $9.04 (-1.32%)

Brazil vs Lebanon

Crypto regulation comparison

← Back to map | Brazil | Lebanon
Brazil

Brazil

Lebanon

Lebanon

Legal
No Regulation

Brazil passed comprehensive crypto legislation (Law 14,478) in December 2022, which took effect in June 2023. The Banco Central do Brasil was designated as the primary regulator for crypto assets used as payment, while the CVM oversees crypto securities. Capital gains on crypto are taxed at 15-22.5%.

Lebanon has no specific cryptocurrency legislation. The Banque du Liban issued a 2014 circular warning financial institutions against dealing with digital currencies, but crypto itself is not banned. Amid the severe economic crisis and banking collapse since 2019, crypto adoption has surged as citizens seek alternatives to the devalued Lebanese pound.

Tax Type Capital gains
Tax Type None
Tax Rate 15-22.5%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banco Central do Brasil, CVM, Receita Federal
Regulator BDL (Banque du Liban)
Stablecoin Rules Central Bank developing stablecoin-specific rules as part of the crypto regulatory framework
Stablecoin Rules No regulation
Key Points
  • Law 14,478/2022 (Marco Legal das Criptomoedas) provides a comprehensive legal framework
  • Banco Central regulates VASPs; exchanges must obtain authorization to operate
  • Capital gains taxed at 15% (up to R$5M), 17.5% (R$5-10M), 20% (R$10-30M), 22.5% (above R$30M)
  • Monthly gains under R$35,000 from sales on domestic exchanges are exempt
  • Receita Federal requires detailed monthly reporting of crypto transactions via IN1888
Key Points
  • BDL Circular 318 (2014) warned banks against dealing in crypto but did not ban it outright
  • No dedicated crypto regulatory framework or licensing regime
  • Severe banking crisis and capital controls have driven crypto adoption
  • Crypto used as a store of value and remittance channel during economic collapse
  • No specific crypto taxation rules in place
Sources
Sources