NORTH DAKOTA INDUSTRIAL COMMISSION

North Dakota moves forward with stablecoin as local banks express interest in pilot project

Don Morgan, president of the Bank of North Dakota, speaks during a meeting of the Industrial Commission on Oct. 27, 2025. (Photo by Michael Achterling/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The Bank of North Dakota is on track to introduce stablecoin to local banks this September after state regulators approved the technology’s use in bank-to-bank transactions on Wednesday….

ND Industrial Commission announces $100M in additional farm stability loan funding

(Rusty Halvorson/KFGO News)BISMARCK, N.D. (KFGO) – The Industrial Commission today allocated an additional $100 million to support Bank of North Dakota’s 2026 Farm Financial Stability Loan Program. This brings total support to producers, including the 2026 Grain Inventory Loan Program, to $500 million. “Producers are facing an unusual convergence of challenges, from severe weather last summer to high input costs,…

Next steps for Bank of North Dakota stablecoin to be reviewed this month

Don Morgan, CEO of the Bank of North Dakota, speaks during a North Dakota Industrial Commission meeting on Feb. 24, 2026. (Photo by Jacob Orledge/North Dakota Monitor)FARGO (North Dakota Monitor) — The Bank of North Dakota is on track to launch the state’s first stablecoin next September, pending a review by state officials later this month. The state-owned bank announced…

North Dakota expands low-interest farm loans as applications approach $300 million

Farm workers load beans into a grain truck Sept. 28, 2025, in Wells County, N.D. (Photo by Lora Wobbema/For the North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The North Dakota Industrial Commission is expanding a low-interest loan program designed to support farmers and ranchers — an initiative on pace to exhaust the $300 million already set aside for it….

Natural gas pipeline developer to sign up western North Dakota suppliers, eastern users next year

Sen. Mark Enget, R-Powers Lake, from left, and Sen. Kent Weston, R-Sarles, listen to WBI Energy Vice President Mark Anderson’s presentation to the interim Energy Development and Transmission Committee on Nov. 6, 2025. (Photo by Jacob Orledge/North Dakota Monitor)UNDERWOOD, N.D. (North Dakota Monitor) — WBI Energy on Thursday released new details of the timeline for the planned Bakken East natural…

Theodore Roosevelt Presidential Library using $70M Bank of North Dakota line of credit

Construction workers lay cement at the site of the Theodore Roosevelt Presidential Library in Medora on Sept. 1, 2025. (Photo courtesy of the Theodore Roosevelt Presidential Library)MEDORA, N.D. (North Dakota Monitor) – The Theodore Roosevelt Presidential Library Foundation has tapped into $53 million of a $70 million Bank of North Dakota line of credit to pay for construction costs while…

North Dakota Supreme Court allows landowner challenge to CO2 storage law to proceed

North Dakota Supreme Court Justices, from left, Douglas Bahr, Daniel Crothers, Jon Jensen, Lisa Fair McEvers and Jerod Tufte hear arguments Dec. 18, 2023, in a case involving Summit Carbon Solutions and landowners. (Photo by Kyle Martin/For the North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The North Dakota Supreme Court has ordered a lower court to take another look…

WBI to receive $500M state financial guarantee to build natural gas pipeline in North Dakota

Kelly Armstrong speaks during the Aug. 21, 2025, Industrial Commission meeting. (Photo by Mary Steurer/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — The North Dakota Industrial Commission on Thursday awarded WBI Energy an up to $500 million financial guarantee to build a pipeline that will bring natural gas to the state’s eastern communities. WBI’s project, which it calls Bakken East,…

2 natural gas pipelines compete for $500M financial backstop from North Dakota

North Dakota Pipeline Authority Executive Director Justin Kringstad listens to a presentation during a July 30, 2025, North Dakota Industrial Commission meeting. (Photo by Mary Steurer/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — Two pipeline companies are competing for a financial guarantee of up to $500 million from the North Dakota government to bring natural gas to the eastern half…

Pitches for natural gas pipeline made to North Dakota Industrial Commission

North Dakota Republican Gov. Kelly Armstrong holds a map of a proposed natural gas pipeline on Thursday, June 26, 2025, during a meeting of the Industrial Commission at the state Capitol in Bismarck, N.D. (AP Photo/Jack Dura)BISMARCK, N.D. (KVRR/Prairie Public/KFG) The two companies that have proposed natural gas pipelines to bring gas from the Bakken to central and eastern North…