In recent years, a new form of digital money has been gaining serious attention across the globe — Central Bank Digital Currencies, or CBDCs. These are government-backed digital versions of a country’s official currency. Unlike traditional cryptocurrencies, CBDCs are controlled and issued by central banks, making them a hybrid of traditional money and digital innovation.The rise of CBDCs is not just a technological development. It marks a potential turning point in how money functions in the modern economy, especially in relation to the crypto market. As more countries test or...
MISSOULA, Mont. — Montana State Auditor James Brown is warning Montanans to stay cautious when investing in cryptocurrency or other digital currencies.Brown says his office received an uptick in complaints from residents who are victims of digital currency scams, which he says is due to the lack of regulations."We're going after folks that we believe are fraudulently harming Montanans. I would just tell Montanans before engaging in investment in these digital currencies to be very, very careful about what you're investing in and be sure that you're actually investing in...
Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In fact, cryptos that aren’t Bitcoin are usually considered an “also-ran” — what are called “altcoins,” or alternatives to Bitcoin. While Bitcoin may have been the first major cryptocurrency to hit the market — it debuted in 2009 — many others have become highly popular, even if not quite as large as the original. Here are the largest cryptocurrencies by the total dollar value of...
Bitcoin and other cryptocurrency prices jumped after President Donald Trump named them in a post about a crypto strategic reserve. The price of Bitcoin jumped more than 10% on Sunday, after President Donald Trump said it would be part of a Crypto Strategic Reserve, along with a handful of other digital currencies. Although he didn’t initially mention Bitcoin by name, he did name smaller digital assets whose prices also spiked. In a post on Truth Social, Trump said his executive order on digital assets directed the Presidential Working Group to...