CRYPTOCURRENCY

Bank of North Dakota to launch state’s first stablecoin known as Roughrider coin

Don Morgan, president of the Bank of North Dakota, speaks at Bismarck State College on Oct. 8, 2025. (Photo by Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The Bank of North Dakota announced Wednesday plans to launch the Roughrider coin, the state’s first stablecoin. Stablecoin is a type of cryptocurrency that can facilitate instant money transfers, streamline bank-to-bank…

North Dakota bill takes aim at crypto fraud with new consumer protections

Josh Askvig, state director of AARP North Dakota, speaks during a committee hearing on digital currency kiosks on Jan. 22, 2025. (Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — A bill debated Wednesday by North Dakota lawmakers aims to protect residents from cryptocurrency scams. House Bill 1447 would add new requirements for crypto kiosks – or ATMs for digital currency…

Prosecutor opens trial for FTX founder Sam Bankman-Fried saying he stole at least $10 billion

(AP Photo/Marry Altaffer)NEW YORK, N.Y. (AP) – A prosecutor opened a fraud trial Wednesday by telling jurors that FTX founder Sam Bankman-Fried was on top of the world a year ago, hobnobbing with celebrities, before his historic fraud was exposed, leaving customers and investors without at least $10 billion they thought was secure. A defense lawyer insisted his client didn’t steal from…

Minnesota utility will keep stake in North Dakota coal plant

MINNEAPOLIS (AP) — A Minnesota utility has reversed its decision to divest from a large North Dakota coal-fired power plant, citing new risks in the Midwest electricity market and new customers. Fergus Falls-based Otter Tail Power announced in 2021 that it would sell its minority stake in the Coyote Station Power Plant in Beulah, North Dakota, and end its involvement with the…