BrasilDigital
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š Meet Drex: The Digital Revolution of the Real in Brazil! š§š·
Brazil is entering the era of digital currencies with Drex, the official digital currency of the Central Bank! š³
š What is Drex?
Drex is a CBDC (digital currency issued by a central bank) that promises to modernize the national financial system, facilitating transactions and promoting financial inclusion.
š” Advantages of Drex:
Instant and secure transactions.
Reduced operating costs.
Greater accessibility to financial services.
š Market impact:
Drex will drive innovations in blockchain and fintechs in Brazil, making the country one of the pioneers in the adoption of digital currencies in Latin America.
š Why does this matter?
With Drex, Brazil takes an important step towards a more efficient, inclusive and future-proof digital economy!
Stay up to date with the latest news about Drex and how it will transform the way we deal with money. š»
#Drex #BrasilDigital
Brazil is entering the era of digital currencies with Drex, the official digital currency of the Central Bank! š³
š What is Drex?
Drex is a CBDC (digital currency issued by a central bank) that promises to modernize the national financial system, facilitating transactions and promoting financial inclusion.
š” Advantages of Drex:
Instant and secure transactions.
Reduced operating costs.
Greater accessibility to financial services.
š Market impact:
Drex will drive innovations in blockchain and fintechs in Brazil, making the country one of the pioneers in the adoption of digital currencies in Latin America.
š Why does this matter?
With Drex, Brazil takes an important step towards a more efficient, inclusive and future-proof digital economy!
Stay up to date with the latest news about Drex and how it will transform the way we deal with money. š»
#Drex #BrasilDigital
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New āofficial currencyā in Brazil surprises everyone
By Carolina Carvalho
$BTC
Recently, the Third Chamber of the Superior Court of Justice - STJ - decided, by unanimous vote, that judges can request information and seize cryptocurrencies held by debtors in exchanges. Seu CrĆ©dito Digital argues that this decision is an important milestone in Brazilian jurisprudence, as it establishes that digital assets can also be used to settle judicial debts. The rapporteur in the Third Chamber, Minister Humberto Martins, highlighted that cryptocurrencies are financial assets subject to taxation - in fact, they must be declared in your Income Tax - even though they are not legal tender. āCryptoassets can be used as a means of payment and as a store of value,ā established the rapporteur.
āThe rapporteur commented that, according to Article 789 of the Code of Civil Procedure, the defaulting debtor is liable with all their assets for the obligation not fulfilled, except for legal exceptions,ā explains a statement from the STJ. āFor Humberto Martins, in addition to issuing an order to cryptocurrency exchanges, it is still possible to adopt investigative measures to access the debtor's digital wallets, with a view to a possible seizure.ā
$BNB
#BrasilDigital
Case was motivated by a legal action
The STJ's decision was motivated by a creditor who, after winning a legal action, could not locate assets registered in the debtor's name. Therefore, he requested the seizure of cryptocurrencies, stating that these digital assets were part of the debtor's assets, so they should be used to settle the debt. The STJ, as we mentioned, agreed.
$ETH
By Carolina Carvalho
$BTC
Recently, the Third Chamber of the Superior Court of Justice - STJ - decided, by unanimous vote, that judges can request information and seize cryptocurrencies held by debtors in exchanges. Seu CrĆ©dito Digital argues that this decision is an important milestone in Brazilian jurisprudence, as it establishes that digital assets can also be used to settle judicial debts. The rapporteur in the Third Chamber, Minister Humberto Martins, highlighted that cryptocurrencies are financial assets subject to taxation - in fact, they must be declared in your Income Tax - even though they are not legal tender. āCryptoassets can be used as a means of payment and as a store of value,ā established the rapporteur.
āThe rapporteur commented that, according to Article 789 of the Code of Civil Procedure, the defaulting debtor is liable with all their assets for the obligation not fulfilled, except for legal exceptions,ā explains a statement from the STJ. āFor Humberto Martins, in addition to issuing an order to cryptocurrency exchanges, it is still possible to adopt investigative measures to access the debtor's digital wallets, with a view to a possible seizure.ā
$BNB
#BrasilDigital
Case was motivated by a legal action
The STJ's decision was motivated by a creditor who, after winning a legal action, could not locate assets registered in the debtor's name. Therefore, he requested the seizure of cryptocurrencies, stating that these digital assets were part of the debtor's assets, so they should be used to settle the debt. The STJ, as we mentioned, agreed.
$ETH
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