BTC $67,428.00 (-1.44%)
ETH $1,943.13 (-2.28%)
XRP $1.39 (-3.71%)
BNB $612.02 (-2.41%)
SOL $83.14 (-3.56%)
TRX $0.29 (+1.10%)
DOGE $0.10 (-4.62%)
BCH $570.35 (+1.25%)
ADA $0.27 (-4.11%)
LEO $8.17 (-2.02%)
HYPE $28.96 (-3.20%)
LINK $8.64 (-3.56%)
CC $0.16 (-0.71%)
XMR $321.54 (-2.49%)
XLM $0.15 (-4.79%)
RAIN $0.01 (+1.23%)
HBAR $0.10 (-3.21%)
LTC $53.26 (-3.85%)
ZEC $243.28 (-6.46%)
AVAX $8.82 (-4.98%)

Brazil vs New Zealand

Crypto regulation comparison

← Back to map | Brazil | New Zealand
Brazil

Brazil

New Zealand

New Zealand

Legal
Legal

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%.

Cryptocurrency is legal in New Zealand and treated as a form of property for tax purposes. The IRD taxes crypto depending on the purpose of acquisition — if bought with the intention to sell, gains are taxable income. New Zealand does not have a formal capital gains tax, but crypto profits are often taxable under income tax rules. Exchanges are not specifically licensed but must comply with AML/CFT requirements.

Tax Type Capital gains
Tax Type Income
Tax Rate 15-22.5%
Tax Rate 10.5-39%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banco Central do Brasil, CVM, Receita Federal
Regulator FMA (Financial Markets Authority), IRD (Inland Revenue)
Stablecoin Rules Central Bank developing stablecoin-specific rules as part of the crypto regulatory framework
Stablecoin Rules No specific stablecoin 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
  • Crypto treated as property; gains taxable if acquired with intent to dispose
  • No formal capital gains tax, but income tax applies to crypto trading profits
  • Tax rates from 10.5% to 39% depending on income bracket
  • Crypto salary payments are treated as taxable income
  • Exchanges must comply with AML/CFT Act and register as reporting entities with DIA
Sources
Sources