The Ministry of Finance has announced that starting in 2026, there will be an increase in income tax on profits from cryptocurrency, with a single 17.5% rate replacing the current progressive table. This change will result in higher taxes for many investors, and oversight will now cover assets at their original cost, DeFi transactions, and foreign investors.
The Federal Revenue will impose a unified tax on the profit from all transactions involving Bitcoin and other cryptocurrencies. Additionally, the current exemption of R $ 35 thousand per month will no longer apply, and cryptoassets purchased abroad will be subject to a 15% tax rate.
Until mid-2025, the income tax rate was based on a regressive scale determined by the value of the transaction. Most transactions fell within the lower rate of 15%. However, the new rate of 17.5% means that most investors will experience a tax hike.
The regulation outlined in MP no 1,303 expands oversight to cover self-cost assets, DeFi activities, and foreign investors. It not only limits compensation for losses to the cryptocurrency market but also mandates that companies include profits from digital assets in their calculation of IRPJ and CSLL. This rule aims to close tax loopholes, ensure fair taxation across various investments, and contribute to balancing public accounts by 2025 and 2026.
Cryptocurrency market performance
The cryptocurrency market opens cautiously on Friday (22) as investors await guidance from the Jackson Hole symposium, a key event that influences US monetary policy decisions. Speculation on interest rate directions has intensified with the focus on the Federal Reserve President.
A speech suggesting reductions can revive hope and boost Bitcoin, but indications of maintenance or high fees will cause the trend to decline. Bitcoin has fallen in the past few days due to uncertainty and the unstable global situation.
At 8:40, the leading cryptocurrencies experienced a decline in value; check the prices:
Bitcoin (BTC) is down by 1.02% to US$112,153.26.
Ethereum (ETH) is down by 0.01% and is currently priced at US$4,278.10.
XRP (XRP) has decreased by 3.20% to $2.81.
BNB (BNB): Decreased by 0.66% to US$ 846.18.
Solana’s value has dropped by 2.15% to $179.98 in US dollars.
Other notable events of the day:
TRON’s price has increased by 0.88% to $0.3557.
Top headlines in the cryptocurrency market
The US continues to oppose the development of a government-issued digital currency, with another veto on the Federal Reserve’s plans for a digital dollar.
Taiwan has accused 14 individuals of engaging in cryptocurrency fraud, allegedly deceiving over 1,500 victims and causing approximately $41 million in damages. The group operated under the guise of a licensed broker named BitShine, concealing their true activities as an unauthorized company called Biying Technology. The suspects reportedly converted victims’ assets into USDT (tether) and laundered the money through multiple transactions totaling $75 million between 2024 and 2025. The alleged ringleader, Shih, could face a maximum sentence of 25 years in prison, while others involved may receive lesser punishments.
