Brazilian presidential candidate Renan Santos proposes tax exemption for crypto held over 12 months

• —Santos proposes full tax exemption for crypto held more than 12 months, modeled on German and Portuguese rules
• —Flat 15% crypto tax rate with a R$35,000 exemption floor to be enshrined in law rather than a tax authority rule
• —Candidate pledges 20-year stability for the crypto tax regime and the right to self-custody of private keys
• —Brazil ranks first in Chainalysis' 2026 Global Crypto Adoption Index, with 17.2% of Brazilians (about 29 million) having invested in crypto