DECRIPTO: WHO REPORTS TO THE IRS—YOU OR THE BROKER?
That was one of the first questions I had when I learned about the new rule:
Do I need to report all my transactions every month, or will the broker do it?
For anyone trading through a platform required to provide information to the IRS, such as BINANCE, the reporting will be done by the broker itself.
Brazilian exchanges already had this obligation.
With DeCripto, reporting also begins to reach foreign providers that serve users in Brazil, according to the rules established by the Federal Revenue Service.
In the case of Binance, the company itself stated that, starting on 01 July 2026, it will begin reporting users’ transactions monthly under the new standard.
So, for anyone who buys and sells within Binance, the main change is not having to fill out a new monthly declaration—it’s understanding that the PLATFORM ITSELF will send this information to the IRS.
However, there is one situation where the investor needs to be more careful.
If they make more than R$ 35 thousand in the month in OPERATIONS OUTSIDE of a broker or platform required to report, they may have to provide that information directly to the IRS.
But pay attention:
REPORTING transactions is not the same as PAYING TAXES.
The broker may report your movements, but the investor remains responsible for:
* correctly declaring your crypto assets on your annual Income Tax return;
* keeping statements;
* tracking sales and exchanges;
* calculating any tax that may be due, if applicable.
For those of us who invest the way I do—seeking more convenience and simplicity, buying little by little in installments, accumulating, and trading within the broker—the main message is SIMPLE:
You probably WON’T have a new monthly declaration to fill out.
But your transactions will become increasingly more VISIBILE to the IRS.
And since this topic still raises many questions, I’ll keep publishing a few more posts, explaining key points of this new rule in a simple and practical way.
That was one of the first questions I had when I learned about the new rule:
Do I need to report all my transactions every month, or will the broker do it?
For anyone trading through a platform required to provide information to the IRS, such as BINANCE, the reporting will be done by the broker itself.
Brazilian exchanges already had this obligation.
With DeCripto, reporting also begins to reach foreign providers that serve users in Brazil, according to the rules established by the Federal Revenue Service.
In the case of Binance, the company itself stated that, starting on 01 July 2026, it will begin reporting users’ transactions monthly under the new standard.
So, for anyone who buys and sells within Binance, the main change is not having to fill out a new monthly declaration—it’s understanding that the PLATFORM ITSELF will send this information to the IRS.
However, there is one situation where the investor needs to be more careful.
If they make more than R$ 35 thousand in the month in OPERATIONS OUTSIDE of a broker or platform required to report, they may have to provide that information directly to the IRS.
But pay attention:
REPORTING transactions is not the same as PAYING TAXES.
The broker may report your movements, but the investor remains responsible for:
* correctly declaring your crypto assets on your annual Income Tax return;
* keeping statements;
* tracking sales and exchanges;
* calculating any tax that may be due, if applicable.
For those of us who invest the way I do—seeking more convenience and simplicity, buying little by little in installments, accumulating, and trading within the broker—the main message is SIMPLE:
You probably WON’T have a new monthly declaration to fill out.
But your transactions will become increasingly more VISIBILE to the IRS.
And since this topic still raises many questions, I’ll keep publishing a few more posts, explaining key points of this new rule in a simple and practical way.
