Brazilian court rules that debtors’ crypto assets can be seized to pay off debts
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Planet Daily News: The Third Chamber of the Brazilian Supreme Court ruled to allow judges to send notifications to cryptocurrency exchanges to seize crypto assets in debtors' accounts for debt repayment. The ruling noted that although crypto assets are not legal tender, they can be used as a means of payment and a store of value. The decision brings crypto assets within the scope of existing freezing and deduction procedures. (Cointelegraph)
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