By David DeMarco, Business Insider.com The global digital currency market is worth $8.4 billion, according to the most recent data from CoinMarketCap, and has grown by nearly 20% this year.
But that growth has slowed down over the past year, with most digital currencies in the $5,000 range, according the report from global currency researcher CB Insights.
As for the Czech Republic, the country is a notable exception to this trend, with a whopping $9.2 billion market cap in 2017, according CB Insight.
That’s almost 40% more than the Czechs own.
The country is home to many digital currencies like Bitcoin and Ethereum, which are backed by the Czech central bank.
Bitcoin is a digital currency that can be used to buy goods and services.
It is also sometimes referred to as the “digital gold.”
Bitcoin has been growing rapidly in recent years, as more people have become aware of its benefits and its potential for a mainstream acceptance.
The U.S. Department of the Treasury is currently reviewing the regulations that govern digital currencies and how they can be regulated.
In October, the Department of Commerce released guidelines that would limit the value of Bitcoin, which it said could result in the loss of up to $1 billion per year for consumers.
A spokesman for the Department said on Friday that the guidelines are in the works and are expected to be released later this year and in 2018.
In addition to being backed by a central bank, Bitcoin is also backed by government bodies and international institutions like the World Bank, IMF, and the United Nations.
While the currency is backed by governments, Bitcoin can also be used for illegal transactions.
The Treasury Department said it is not aware of any instances of Bitcoin being used to commit criminal activity.
Bitcoin can be bought for about $20 and sold for much higher prices, with some sellers willing to pay more than $100 per bitcoin.
Some of these transactions can take days or even weeks to complete.
The price of a bitcoin is determined by the total supply of Bitcoin in circulation, meaning that if more than 21 million coins are produced, there is an increase in demand.
In some countries, bitcoin is also used to fund illegal activities.
In 2014, the Netherlands and Belgium enacted laws that would prohibit people from using Bitcoin to buy illegal goods.
In April, the European Union launched an investigation into Bitcoin transactions.
The investigation included an investigation of a single Bitcoin exchange, which was used to illegally transfer nearly €3.2 million ($4.1 million) worth of euros from the country of Luxembourg to Italy, the EU’s home country.