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Comment by groestl

3 months ago

> the central bank requested

That's the answer, it's regulatory bodies causing this.

2 comments

groestl

Reply

BoredPositron  3 months ago

In 90% it's insurance compliance.

  • bux93  3 months ago

    Is this is something small regional banks in the US do? I'd actually be very interested to know about who is providing, and who is taking such coverage if this is being (re)insured. If you have any market data/news, I would love to know.

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