See the list of parliamentarians who want to eliminate cryptocurrencies from Lula's government's MP

Some political agents in the legislature have indirectly united to defend the Brazilian cryptocurrency market from the new provisional measure presented by Lula's government, MP 1,303/2025 of June 11. The amendments had to be submitted by Tuesday (17).

Among them are active federal deputies Julia Zanatta (PL-SC), Eros Biondini (PL-MG), Caroline de Toni (PL-SC), Carlos Jordy (PL-RJ), Sanderson (PL-RS), Marx Beltrão (PP-AL), and Renata Abreu (PODEMOS-SP), Diego Garcia (Republicans-PR), Gabriel Mota (Republicans-RR), Dr. Frederico (PRD-MG), and Senator Eduardo Girão (NOVO-CE).

In other words, ten federal deputies from different Brazilian states, from south to north, unite in an effort to suppress the current government's intention involving new collections in the cryptocurrency market. It is worth noting that only one senator has submitted similar measures. Furthermore, none of them publicly present themselves with leftist ideologies.

Overall, the report gained access to several amendments from parliamentarians requesting the suppression of the reference to the crypto market made by MP 1303/2025 in Chapter V.

Five deputies from the PL request to suppress from Lula's government's MP any mention of the cryptocurrency market.

In total, five parliamentarians currently affiliated with the Liberal Party (PL), in opposition to Lula's government in the Chamber of Deputies, presented amendments to suppress any mention of cryptocurrencies. This was the party with the highest number of representatives opposed to the current proposals involving cryptocurrencies.

Author of the Bitcoin National Treasury bill in Brazil, Eros Biondini defended the Brazilian cryptocurrency market with his amendment on June 13, just 2 days after the Executive published Provisional Measure 1303/2025. 'Let all of Chapter V of the Provisional Measure be suppressed,' asks the deputy.

Also on the 13th, the investor advocate Julia Zanatta submitted amendments to suppress several articles and paragraphs of the proposal that could become law if the National Congress approves it. 'The abrupt increase in taxation could encourage tax evasion, with investors seeking foreign exchanges and platforms that offer a more favorable regulatory environment,' Zanatta highlighted.

Parliamentarian Caroline de Toni, also from Santa Catarina, presented her amendment on the 17th, also requesting to eliminate all articles of Chapter V of MP 1303/2025, which involves cryptocurrencies. 'The virtual asset sector is already under an exhaustive tax regime, with no gap justifying the increase sought by Provisional Measure No. 1,303/2025,' de Toni pointed out in justification.

From Rio, Deputy Carlos Jordy followed Zanatta's reasoning and also requested to suppress article 30 of the MP, still on Monday (16). 'The proposed taxation included in this provision represents a regulatory and tax mistake that disregards the emerging and innovative nature of the digital assets sector, in addition to bringing legal uncertainty, increasing compliance costs, and discouraging financial innovation in Brazil,' said Jordy.

Finally, in Rio Grande do Sul, Deputy Sanderson presented three amendments of his authorship, one asking to suppress Chapter V, another to eliminate articles 30 to 35, and a third requesting to amend article 47 of the MP, eliminating taxes on capital gains with cryptocurrencies. 'Brazil stands out as one of the main virtual asset markets in the world, with increasing adoption of blockchain-based technologies, decentralized finance (DeFi), and financial innovation. Excessive and poorly calibrated taxation on crypto-assets imposed by MP No. 1,303 threatens the development of this strategic sector, provoking the evasion of talent, companies, and investments to more favorable jurisdictions,' pointed out the parliamentarian from Rio Grande do Sul.

Deputy from PP of Alagoas, doctor from PRD in Minas Gerais, and president of PODEMOS in São Paulo unite with requests in defense of the crypto market: 'risks to the Brazilian economy'

Representing the Northeast against the mention of cryptocurrencies in the new provisional measure, Deputy Marx Beltrão (PP-AL) argues that taxation of the market puts national economy at risk. 'The present amendment aims for the total suppression of Chapter V of Provisional Measure No. 1,303, of 2025, which proposes a new and high tax burden on the crypto-assets sector in Brazil. The measure, established without prior dialogue with the affected sectors, presents a harmful potential for the country's digital economy,' highlighted the parliamentarian, advocating for the complete elimination of new taxes on the market.

Aligning with the thought that new taxes put the entire Brazilian economy at risk, the president of PODEMOS, Renata Abreu requests to suppress all articles of Chapter V. 'Suppressing Chapter V, therefore, aligns with the principles of legal certainty, reasonableness, and international competitiveness provided for in the Constitution and the Legal Framework for Startups,' she said.

Meanwhile, the doctor and deputy Dr. Frederico from Minas Gerais argued that the Central Bank of Brazil is in the process of regulation, having conducted recent public consultations. 'In parallel, the regulatory process conducted by the Central Bank of Brazil ('BCB') continues to mature. Since 2022, four public consultations – numbers 97, 109, 110, and 111 – have been conducted to outline prudential requirements, governance standards, and asset segregation mechanisms for Virtual Asset Service Providers,' pointed out the PRD parliamentarian.

Republicans have two representatives defending the cryptocurrency market against Lula's government's MP.

The second party with the highest number of representatives defending Brazilian cryptocurrency investors, the Republicans saw amendments from deputies Gabriel Mota and Diego Garcia.

In Garcia's case, his amendment aims to suppress article 31 and avoid the collection of taxes of 17.5%, in addition to ending the exemption of up to R$ 35,000 that had been in effect. 'The present Amendment aims to exclude from the Provisional Measure the provision for specific taxation of 17.5% on earnings and net gains obtained with virtual assets by individuals residing in the country, as well as by exempt legal entities or those opting for Simples Nacional,' analyzed the deputy from Paraná.

Meanwhile, parliamentarian Gabriel Mota from Roraima, the only one from the northern region of Brazil in the cause, advocates for the end of measures affecting investors and even proposes a tax amnesty for Brazilian cryptocurrency exchanges. 'This occurs as the premature taxation of virtual assets imposes disproportionate burdens on a market still in consolidation, without first establishing clear and technical normative guidelines,' he declared.

A senator from the Northeast represents the Brazilian crypto cause.

With the representation of Eduardo Girão, the NOVO party has in its only senator a defense of the Brazilian cryptocurrency agenda. For him, articles 30 to 35 should be suppressed from the proposal, which even affects national bitcoin exchanges. 'The IN 1,888 itself, currently under review after the DeCripto Public Consultation, reinforces Brazil's commitment to the OECD's Crypto-Asset Reporting Framework (CARF), delivering transparency without imposing new burdens,' he highlights.

With this, it becomes clear that at least eleven parliamentarians from the National Congress requested the elimination of articles affecting the cryptocurrency market in Lula's government's MP. Whether the amendments will be considered or not, the broad debates in the Chamber and Senate in the coming months should confirm.

Finally, a total of 678 amendments were presented in the so-called tax MP, which may impact the voting of the MP quickly. Amendments are proposals that can change the original text of a project that is being processed in the legislature.