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Brazilian court rules that debtors’ crypto assets can be seized to pay off debts

2025-04-05 08:12:22 6 days ago CoinRank

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CoinRank News: The Third Chamber of the Brazilian Supreme Court ruled that judges are allowed to send notices to cryptocurrency exchanges to seize crypto assets in debtors accounts to repay debts. The ruling pointed out that although crypto assets are not legal currencies, they can be used as a means of payment and a store of value. The ruling includes crypto assets in the scope of existing freezing and seizure procedures. (Cointelegraph)

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