Brazil's STJ upholds crypto payment contracts, rejects annulment over price drop
- —STJ upheld the legality of buying a car and property with crypto
- —The I9COIN price drop did not justify annulling the deal
- —Justice Nancy: volatility is an inherent feature of crypto markets
- —The seller recovered the tokens, unwinding the deal without extra losses
Why it matters: The ruling sets a precedent for crypto payment disputes across Brazil and strengthens legal protection for parties using digital assets.
Source: Livecoins