BTC $67,284.00 (+0.52%)
ETH $1,947.65 (-1.41%)
XRP $1.41 (-1.35%)
BNB $607.03 (-0.31%)
SOL $82.78 (+1.14%)
TRX $0.28 (+1.26%)
DOGE $0.10 (-0.13%)
BCH $561.21 (+0.72%)
ADA $0.27 (-0.73%)
LEO $8.66 (+0.24%)
HYPE $29.35 (+1.88%)
XMR $330.09 (+0.89%)
LINK $8.58 (-1.09%)
CC $0.16 (-3.48%)
XLM $0.16 (-0.98%)
RAIN $0.01 (-3.29%)
ZEC $263.36 (+0.07%)
HBAR $0.10 (-1.69%)
LTC $53.18 (-0.76%)
AVAX $8.93 (+0.16%)

Brazil vs Russia

Crypto regulation comparison

← Back to map | Brazil | Russia
Brazil

Brazil

Russia

Russia

Legal
Partially Regulated

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%.

Russia's crypto regulation is complex and evolving. The 2021 'On Digital Financial Assets' law recognizes crypto as property but bans its use as a means of payment. Mining was legalized and regulated in 2024 under a new mining law. Crypto is taxed as income at 13-15%. The CBR pushed for a total ban on crypto trading but was overruled by the government, which favors regulation. International sanctions have complicated Russia's crypto landscape.

Tax Type Capital gains
Tax Type Income
Tax Rate 15-22.5%
Tax Rate 13-15%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator Banco Central do Brasil, CVM, Receita Federal
Regulator CBR (Central Bank of Russia), Ministry of Finance
Stablecoin Rules Central Bank developing stablecoin-specific rules as part of the crypto regulatory framework
Stablecoin Rules Crypto payments banned; digital ruble CBDC introduced
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
  • Digital Financial Assets law (2021) recognizes crypto as property but bans use as payment
  • Crypto mining officially legalized and regulated under 2024 mining legislation
  • Crypto income taxed at 13% (up to RUB 5M) or 15% (above RUB 5M)
  • Domestic crypto exchanges not legally operating; P2P trading widespread. CBR framework Dec 2025 targeting July 2026.
  • International sanctions have increased interest in crypto for cross-border transfers
Sources
Sources