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Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions

The bank points to the rise of crypto-backed mortgages and financing of digital property purchases.

Citigroup's offices in Canary Wharf in London (Mitch Hogde/Unsplash)
Citigroup's offices in Canary Wharf in London (Mitch Hogde/Unsplash)