Brazilian Lawmaker Proposes Crypto Salary Bill to Boost Bitcoin Adoption

Mar 17, 2025, 10:46 a.m. 4 sources
A Brazilian federal deputy has introduced a bill that would officially authorize employers to pay up to 50% of employee salaries in cryptocurrencies, particularly Bitcoin. The proposed legislation, known as PL 957/2025, aims to bring regulatory clarity by setting guidelines such as mandatory conversion of crypto payments at rates determined by an authorized institution, while ensuring at least half of the wages are paid in the national currency. This move is expected to increase Bitcoin's legitimacy and provide a precedent for broader crypto adoption. Although the bill directly focuses on BTC, the overall positive regulatory sentiment may spill over to other major coins like Ethereum, which has recently been highlighted by Hodler’s Digest as potentially bottoming at $1.6K. In the short term, markets might experience volatility as investors react to new regulatory measures, but the long-term outlook appears promising with increased institutional and public acceptance.
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