[Brazilian Finance Minister Postpones Cryptocurrency Tax Policy Due to Election] According to a report by Jinse Finance, on March 22, Brazilian Finance Minister Dario Durigan temporarily shelved the cryptocurrency tax policy until after the presidential election in October 2026 to avoid implementing a "controversial" tax reform during an election year. Sources familiar with the matter told Reuters that regulators and government officials had originally planned to launch a public consultation on the cryptocurrency tax policy later this year. However, this plan may be delayed until 2027, though it remains "on the agenda." In June 2025, Brazil will terminate the tax exemption policy for profits from small-scale cryptocurrency sales or transfers and instead impose a unified 17.5% capital gains tax on cryptocurrency, including profits from offshore and self-custody holdings. Under previous regulations, Brazilian residents could enjoy a capital gains tax exemption on profits from cryptocurrency sales of up to 35,000 Brazilian reais (approximately $6,587) per month. Investors exceeding this threshold were subject to a progressive tax rate of 15% to 22.5%.