Brazil Rolls Out New Crypto Tax Reporting — Just the Start

As of July 2026, Brazil has rolled out mandatory monthly reporting for crypto assets — a new system called DeCripto (Declaração de Criptoativos). It was approved back in 2025 by the country's tax authority, but starting in July, companies must file reports every month instead of once a year, as before, CEPEDA notes.

What actually changed: Brazil used to run its own separate reporting rules. Now it follows the CARF (Crypto-Asset Reporting Framework) format — a standard built by the OECD (an international economic cooperation body) that looks the same across dozens of countries. The tax rates themselves haven't changed — the tax-free threshold for small crypto sales stays the same, Global Legal Insights explains.

Why this matters beyond Brazil: the same CARF standard, plus its European counterpart DAC8, already took effect on January 1, 2026 in the EU — and the first real data exchange between tax authorities in different countries is expected as soon as 2027, PwC notes.

What it means for an everyday crypto holder: if the exchange you use operates in one of the participating countries, it will start automatically sharing your transaction data with tax authorities in the coming years — much the way banks have long done with regular accounts. This isn't a one-off decision by a single country; it's part of a broader shift that dozens of countries are gradually joining.

This article is for informational purposes only and is not tax or financial advice.