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Banks risk another 2008 crisis after moving the equivalent of 18 million BTC into shadow lenders

US banks “reduced” their credit risk after 2008 by shifting more of it to nonbank lenders. Since 2008, banks have shifted a growing share of their lending to nonbanks like private credit funds, making it their fastest-growing loan category. That shift doesn’t signal another 2008-style crisis today, but it does show where trouble could surface […] The post Banks risk another 2008 crisis after moving the equivalent of 18 million BTC into shadow lenders appeared first on CryptoSlate.

Banks risk another 2008 crisis after moving the equivalent of 18 million BTC into shadow lenders