Klaros Group’s report raises alarm about the financial stability of 282 US banks with a collective asset holding of $900 billion.
Amid the cracks in the traditional financial system, there’s a growing interest in Bitcoin and cryptocurrencies, particularly among institutional investors.
A recent report from consulting firm Klaros Group has raised concerns about the financial stability of 282 US banks, collectively holding $900 billion in assets. These banks are facing a precarious situation characterized by high exposure to commercial real estate and significant unrealized losses on their balance sheets. As a result, big players have already started greater attention to Bitcoin and other cryptocurrencies.
The report, cited by CNBC, highlights the vulnerability of these banks, suggesting that they may be at risk of failure unless urgent measures are taken. However, Klaros Group has refrained from disclosing the names of these banks, citing concerns that such information could trigger

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