Starting in July 2026, cryptocurrency exchanges that serve Brazilian clients, including foreign giants such as Binance, Bybit, OKX, and KuCoin, will be required to report transaction data to the Brazilian tax authorities through DeCripto, a new system from the Federal Revenue that intensifies the oversight of the crypto market.

The change, established by Normative Instruction No. 2,291 published in November 2025, represents a milestone in the regulation of the sector by integrating Brazil into the OECD global standard for automatic exchange of tax information on crypto assets.

How the new system works

DeCripto will replace the current declaration model and will be available on e-CAC (Virtual Assistance Center for Taxpayers). Declarations will follow a monthly frequency, with the reporting limit raised from R$ 30 thousand to R$ 35 thousand per month.

Both Brazilian exchanges and individuals or legal entities conducting operations without the intermediation of domestic brokers must report data through the system.

The regulation integrates Brazil into Carf (Crypto-Asset Reporting Framework), a standard followed by over 70 countries that allows tracking of international operations and automatic data exchange between tax administrations.

Expected impacts for 2026

The implementation of DeCripto is expected to significantly transform the regulatory environment in Brazil for cryptocurrencies. Experts point out that the measure tends to reduce space for tax evasion and undeclared operations, forcing greater market compliance.

For Brazilian investors operating on foreign platforms, the change eliminates the perception of a "gray area" in regulation. The Federal Revenue will have direct access to transaction data, regardless of where the exchange is based.

The regulation also establishes that, starting from January 2026, cryptocurrency service providers, both domestic and foreign, must comply with enhanced AML/KYC (anti-money laundering and know your customer) procedures, according to Carf guidelines.

International cooperation advances

According to the Federal Revenue Service, "the measure intensifies cooperation with the tax administrations of other countries that adopt the OECD standard, in combating evasion, money laundering, and financing of criminal activities."

The model allows Brazilian tax authorities to access information about Brazilians operating on exchanges abroad, while other countries will have access to data about their citizens operating in Brazil.

Wider regulatory context

The Federal Revenue regulation was published days after the Central Bank created rules in November 2025 to regulate the market for virtual assets in the country, including rules for authorization, service provision, and operation in the foreign exchange market.

The set of measures aims to reduce space for scams, fraud, and money laundering, while also creating a more predictable environment for institutional operators.

According to the Revenue Service, DeCripto was developed after public consultation with users, companies, and specialists, as well as technical dialogue with the Central Bank and the CVM (Securities and Exchange Commission).

No new taxes

The agency emphasizes that the measure does not create new taxes nor change taxation methods. The objective is to modernize data transmission and enhance oversight capacity, aligning Brazil with international standards of fiscal transparency.

For the market, the consensus is that 2026 will mark the consolidation of regulatory maturity in the crypto sector in Brazil, with clearer rules for both investors and exchanges, even if this implies greater fiscal exposure and compliance costs for international platforms.

The article DeCripto comes into effect in 2026 and changes the oversight of cryptocurrencies in Brazil was first seen on BeInCrypto Brazil.