BTC $68,006.00 (+0.21%)
ETH $1,973.73 (+0.45%)
XRP $1.43 (+0.28%)
BNB $625.03 (+0.01%)
SOL $85.11 (+0.70%)
TRX $0.29 (+1.46%)
DOGE $0.10 (-1.75%)
BCH $562.93 (+0.73%)
ADA $0.28 (-1.39%)
LEO $8.42 (-3.44%)
HYPE $29.73 (-1.41%)
LINK $8.86 (-0.57%)
CC $0.16 (+0.93%)
XMR $321.23 (-2.56%)
XLM $0.16 (-0.83%)
RAIN $0.01 (-1.45%)
ZEC $258.29 (-0.73%)
HBAR $0.10 (-0.38%)
LTC $54.63 (-0.67%)
AVAX $9.06 (-0.82%)

Brazil vs Ukraine

Crypto regulation comparison

← Back to map | Brazil | Ukraine
Brazil

Brazil

Ukraine

Ukraine

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%.

Ukraine passed the 'On Virtual Assets' law in 2022, establishing a legal framework for crypto. The NSSMC is designated as the primary regulator for virtual assets. Crypto gained significance during the Russia-Ukraine war, with Ukraine receiving over $100 million in crypto donations. Tax rules specify 18% income tax plus 1.5% military levy on crypto gains. Full implementation of the regulatory framework has been delayed due to the ongoing conflict.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 15-22.5%
Tax Rate 18% + 1.5% military levy
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator Banco Central do Brasil, CVM, Receita Federal
Regulator NSSMC (National Securities and Stock Market Commission), NBU
Stablecoin Rules Central Bank developing stablecoin-specific rules as part of the crypto regulatory framework
Stablecoin Rules Under development in virtual assets legislation
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
  • Virtual Assets law passed in 2022, establishing legal status for crypto
  • NSSMC designated as primary regulator for virtual assets; NBU handles stablecoins
  • 18% personal income tax + 1.5% military levy on crypto gains (19.5% total)
  • Over $100M in crypto donations received during Russia-Ukraine war
  • Full regulatory implementation delayed due to ongoing conflict
Sources
Sources