From the journal

Brazil Mandates DeCripto Crypto-Asset Reporting Form Effective 1 July 2026

Brazil's Federal Revenue Service (Receita Federal do Brasil) replaces Instrução Normativa RFB No. 1,888/2019 with IN RFB No. 2,291/2025, effective 1 July 2026, creating the Declaração de Criptoativos (DeCripto). All crypto-asset service providers domiciled in Brazil must submit monthly reports via the RFB's e-CAC portal regardless of transaction volume, aligning Brazil's reporting regime with the OECD Crypto-Asset Reporting Framework.

3 min read

Instrução Normativa RFB No. 2,291/2025, published by Brazil's Federal Revenue Service (Receita Federal do Brasil, RFB) on 14 November 2025, takes effect on 1 July 2026 and replaces Instrução Normativa RFB No. 1,888/2019 in full. The new rule is final and enacted: exchanges and other crypto-asset service providers have been required to report under the CARF-aligned standard since 1 January 2026, while the DeCripto electronic form and self-reporting obligations for individual users without a Brazilian intermediary become operative from 1 July 2026.

Instrução Normativa No. 2,291/2025 creates the Declaração de Criptoativos (DeCripto), an electronic declaration form submitted through the RFB's Virtual Service Centre (e-CAC). Licensed crypto-asset service providers domiciled in Brazil must report monthly regardless of transaction value. Individual and corporate taxpayers who conduct crypto-asset transactions without a Brazilian-domiciled intermediary must report when monthly transaction totals exceed BRL 35,000. The rule aligns Brazil's domestic reporting obligation with the OECD's Crypto-Asset Reporting Framework (CARF), allowing the RFB to share information automatically with foreign tax authorities under existing tax treaties.

Brazilian-licensed exchanges, digital asset brokers, and custody providers must update their reporting systems to populate the expanded DeCripto form fields, which capture transaction categories beyond those required under IN 1,888/2019, including transfers, payments, and exchanges. Foreign platforms serving Brazilian tax residents must appoint a Brazilian fiscal representative and complete e-CAC registration before 1 July 2026. Failure to file the DeCripto return attracts minimum penalties of BRL 100 per month, with higher sanctions for inaccurate or late submissions.

IN 2,291/2025 does not alter the capital gains tax treatment of crypto-asset disposals, the monthly BRL 35,000 exemption from gains tax, or the obligation to declare crypto assets in annual income tax returns (DIRPF). Staking rewards, airdrops, and assets received in hard forks are not explicitly addressed in the new instruction; supplementary RFB guidance is expected. Providers that began complying with the CARF-standard reporting from 1 January 2026 should verify that their existing submissions satisfy the expanded DeCripto form requirements before the July transition date.

Licentium advises crypto-asset service providers and foreign platforms on Brazilian regulatory compliance, CARF alignment, and cross-border reporting obligations. Entities facing DeCripto registration requirements or seeking to assess their exposure under IN 2,291/2025 are welcome to contact us. Work we undertake includes VASP regulatory advisory, tax reporting framework analysis, foreign-platform Brazil market entry structuring, and CARF and DAC8 alignment assessments.

Source: Receita Federal do Brasil, Atos referentes à DeCripto (IN RFB No. 2,291/2025), 14 November 2025

Crypto Regulatory

More from the journal

See all
Illia Prokopiev

MLR Registration and the FCA Cryptoasset Gateway to 25 October 2027

This matter concerns the transition of a United Kingdom cryptoasset business from FCA registration under the Money Laundering Regulations 2017 to Part 4A permission under the Financial Services and Markets Act 2000. The question is whether MLR registration gives conversion, grandfathering, priority, or a right to continue after 25 October 2027, and what an affected firm should do before the gateway closes. This analysis assumes an existing UK-facing cryptoasset business, no relevant Part 4A permission, and an intention to continue after commencement.

Illia Prokopiev

Matched-Category Analysis of the Hong Kong Stablecoin Issuer Route and the Singapore Digital Payment Token Service Route

This matter concerns whether current licensing data supports a commercial comparison between Hong Kong’s stablecoin issuer route and Singapore’s digital payment token service route. The question is whether the proposition remains legally accurate as of 12 August 2026. “Commercially useful” is assumed to mean useful for selecting a market-entry and operating model, not proof that either regulator is more permissive.

Illia Prokopiev

ESMA's 2026 Custody Resilience CSA and the Rules That Actually Bind

ESMA’s 2026 Common Supervisory Action is a coordinated national review of digital operational resilience in crypto-asset custody. It will test whether selected crypto-asset service providers can demonstrate effective controls across six announced workstreams. The legal questions are which requirements are binding, how national competent authorities may assess control effectiveness, and what consequences may follow from a deficiency. This analysis assumes that the firm is permitted under MiCA Article 59 to provide custody and administration within Article 3(1)(17).