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Brazilian Bank Now Allows Citizens To Pay Taxes With Crypto

Bank Of Brazil Now Allows Citizens To Pay Taxes With Crypto

A major Brazilian bank is providing taxpayers with a fresh and practical way to pay their taxes using digital currency. Brazilian taxpayers can now pay their tax bill using cryptocurrency thanks to a collaborative endeavor with Brazilian crypto company Bitfy, according to a statement released by Brazilian bank Banco do Brasil on February 11. Brazilians […]

Silvergate bank ranks as second most-shorted stock on Wall Street

Silvergate bank ranks as second most-shorted stock on Wall Street

Silvergate Capital Corp., which has more than 72.5% of its shares shorted, is the second-most-shorted stock in the United States. All equities securities’ short interest positions are compiled and published twice a month by the Financial Industry Regulatory Authority (FINRA). A short position indicates that traders and investors anticipate a decline in the value of […]