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Money magazine July 2024 Issue
Once dismissed as a passing fad, the recent decision by the US Securities and Exchange Commission (SEC) to allow the first crypto-backed spot ETF is a watershed moment. We take a look at the implications of this decision, the pros and cons of digital currencies and we explain how it all works. In addition, we offer feature stories on the 20 winners of our annual Consumer Finance Awards: the best bank, customer-owned institution, insurance provider - and more; the true cost of owning a pet and how to cut down vet and food bills; how investing in electricity can help you profit off the AI boom.