Brazilian Lawmakers Consider Bill to Shield Debtors' Savings and Cryptocurrencies from Seizure
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Brazilian lawmakers are discussing a bill to protect a portion of debtors' savings from seizure.
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A separate initiative seeks to include cryptocurrencies in the protected assets list.
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The bill would protect private savings up to 40 minimum wages from creditors.
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In September, an amendment was proposed to include crypto assets in the protected funds list.
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This became possible after Brazil enacted a crypto framework in June 2021.