Brazilian tax authorities include crypto assets in the international information exchange framework, effective from 2026

Source: PortaldoBitcoin Original Title: Receita Federal expands oversight and begins sharing cryptocurrency data with other countries Original Link: Brazilian Federal Revenue Service(Receita Federal) issues new regulations to include cryptocurrencies such as Bitcoin in the automatic exchange of information system with other countries’ tax authorities, significantly expanding the scope of international digital asset tax cooperation.

This measure is stipulated by the “Guideline Normative No. 2.298/2025 of the Federal Revenue Service,” which revises the rules for identifying financial accounts, incorporating electronic money, central bank digital currencies(CBDC), and crypto assets into the reporting scope, aligning Brazil with the OECD(OECD) developed crypto asset reporting framework(CARF) international standards.

The new regulation will take effect on January 1, 2026, with data exchange expected to begin in 2027.

According to the updated rules, the obligations of financial institutions and crypto asset service providers will be the same as those for traditional financial products. Exchanges, custodians, and other platforms managing crypto assets must identify account holders and report detailed balance and transaction information, including operations involving overseas platforms but providing services to Brazilian residents.

The regulation updates the “Guideline Normative No. 1.680/2016 of the Federal Revenue Service”(General Reporting Standard - CRS Framework), now explicitly including digital assets within the scope of international cooperation mechanisms.

The tax authority aims to close the historical regulatory gap in cryptocurrency operations, especially for transactions outside the traditional financial system, thereby strengthening efforts against tax evasion and money laundering.

Including crypto assets in international data exchange is part of the reforms promoted by the tax authority during 2025. In November, the tax authority launched the crypto asset declaration system(DeCripto), a new monthly reporting mode via electronic channels that will replace the previous system and expand detailed requirements for digital asset transactions. This new mode is also aligned with OECD’s CARF standards and is expected to be mandatory from July 2026.

Through these measures, Brazil has made progress in modernizing its digital asset regulatory framework, aligning more closely with standards adopted by other major economies, while narrowing the historical transparency gap, especially in the international crypto asset trading environment.