As cryptocurrency is becoming increasingly intertwined with the traditional financial world, it’s also forming the foundation of a parallel, shadow financial system. A January report from TRM Labs ...
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Hedge funds are the new ‘shadow banks’—and some are worried they pose a systemic threat to financial stability
“Shadow banking” now accounts for $250 trillion, or 49% of the world’s financial assets, according to the Financial Stability Board. Hedge funds manage 15 times as many assets combined as they did in ...
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