brasildigital
4,166 views
5 Discussing
Hot
Latest
See original
New “official currency” 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 Crédito 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. “Cryptoassets can be used as a means of payment and as a store of value,” established the rapporteur.
“The 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,” explains a statement from the STJ. “For 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.”
$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 Crédito 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. “Cryptoassets can be used as a means of payment and as a store of value,” established the rapporteur.
“The 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,” explains a statement from the STJ. “For 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.”
$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
See original
🚀 Meet Drex: The Digital Revolution of the Real in Brazil! 🇧🇷
Brazil is entering the era of digital currencies with Drex, the official digital currency of the Central Bank! 💳
🔍 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.
💡 Advantages of Drex:
Instant and secure transactions.
Reduced operating costs.
Greater accessibility to financial services.
📈 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.
🌟 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. 💻
#Drex #BrasilDigital
Brazil is entering the era of digital currencies with Drex, the official digital currency of the Central Bank! 💳
🔍 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.
💡 Advantages of Drex:
Instant and secure transactions.
Reduced operating costs.
Greater accessibility to financial services.
📈 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.
🌟 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. 💻
#Drex #BrasilDigital
See original
🇧🇷 Attention patriots 🇧🇷
The preliminary GDP, represented by the IBC-Br from the Central Bank, recorded a growth of 0.2% in April compared to March, consolidating the fourth consecutive month of economic activity expansion. Compared to April 2024, the increase was 2.5%, and in the year-to-date it reached **3.5%**. The services sector was the main driver of this performance, with a rise of 0.4%, while agriculture and industry declined by 0.9% and 1.1%, respectively. Despite the positive result, the pace slows down compared to the 0.8% recorded in March. The level of 110.2 points of the IBC-Br is the highest since the beginning of the historical series in 2003. Analysts and the Central Bank itself project a GDP growth of about 2% in 2025.
#BrasilDigital
$DREX
$BTC
The preliminary GDP, represented by the IBC-Br from the Central Bank, recorded a growth of 0.2% in April compared to March, consolidating the fourth consecutive month of economic activity expansion. Compared to April 2024, the increase was 2.5%, and in the year-to-date it reached **3.5%**. The services sector was the main driver of this performance, with a rise of 0.4%, while agriculture and industry declined by 0.9% and 1.1%, respectively. Despite the positive result, the pace slows down compared to the 0.8% recorded in March. The level of 110.2 points of the IBC-Br is the highest since the beginning of the historical series in 2003. Analysts and the Central Bank itself project a GDP growth of about 2% in 2025.
#BrasilDigital
$DREX
$BTC
See original
Surprising discovery: massaco, the uncontacted Amazonian tribe, photographed for the first time
The photographs of the massaco have traveled around the world. Discover this fascinating Amazonian tribe that lives in complete isolation. Fantastical recreation of a tribal village. Source: Microsoft Designer/Erica Couto - Illustration of wooden huts and branches in the jungle
Human beings have demonstrated an enormous capacity for resilience and adaptation throughout history. And that capacity can still surprise us. The publication of a series of photographs sponsored by the National Indian Foundation of Brazil reveals, for the first time, the face of the massaco, an uncontacted tribe that survives in the Amazon jungles.
Login to explore more contents