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celsoazevedoyesterday at 9:10 PM1 replyview on HN

European banks operating in EU countries, using Euros, and under the European Central Bank already know things work.

Not to mention that some of the alternatives are owned by a consortium of... European banks.


Replies

mritstoday at 1:08 AM

That is not true. EU members barely understand their own regulations and often out source to US firms for this.