It’s quite common for regulators around the world to insist that no company can call itself a bank
unless it’s an official, regulated bank. In fact, that’s often why you see companies (including holding companies of real banks) that use the word banc
instead of bank
. It’s to get around such regulations. However, it looks like regulators in Sweden have gone a step further, telling the Swedish domain registrar, that it can’t even allow any domain name to be sold with bank
in it, unless it’s sold to an official bank
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