Is Monero legal in Brazil?
Legal to own; no specific privacy-coin rule; access depends on whether authorised VASPs choose to list it.
| Owning XMR | Legal |
|---|---|
| Local exchanges | Limited |
| National rule | No specific rule on privacy coins |
| Regulator | Banco Central do Brasil (BCB); CVM; Receita Federal |
| Last reviewed | 25 October 2026 |
The legal situation in Brazil
Brazil regulates VASPs under the 2022 crypto law and the central bank's Resolutions 519-521 of November 2025, effective 2 Feb 2026. The new rules bring self-custody transfers into foreign-exchange scope, but we found no provision that specifically bans privacy coins. Owning XMR is legal. Local availability on authorised VASPs is unverified.
Key facts
- 2025-11-10: BCB published Resolutions 519, 520 and 521 on virtual asset service providers.
- 2026-02-02: The main VASP rules took effect; firms already operating must apply for authorisation within 260 days.
- Under the new rules, some transfers of virtual assets to or from self-custody wallets fall within foreign-exchange market scope.
- Tax: Monthly disposals above BRL 35,000 are taxed at 15% to 22.5%; smaller disposals are exempt.
What this means for you
Owning Monero and keeping it in your own wallet is legal as far as we could find. Pick a wallet from our best Monero wallets list, read how to buy Monero, and keep records for tax.
Sources
bitcoin.tax, cesconbarrieu.com.br.
Sources are listed by publisher so you can look them up yourself; we do not link out.
General information, not legal or tax advice. Check the regulator's own website before acting.
Frequently asked questions
Is Monero legal in Brazil?
Legal to own; no specific privacy-coin rule; access depends on whether authorised VASPs choose to list it.
Can I buy Monero on a local exchange in Brazil?
Only in limited ways: few or no licensed local exchanges list XMR.