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As per the article ” https://docs.microsoft.com/en-us/dynamics365/customer-voice/data-flow

“The data in the Customer Voice services area is stored in Microsoft managed storage in North America or Europe, and is encrypted by using Microsoft-managed keys. The data in the Dataverse area is stored in users' Dataverse organizations in the local datacenter..

This needs to be done at a Customer Data Center Geo level . For Example in Australia we are using Customer Voice to collect sensitive data which is Gov and Defence related this data must retain in Australian .
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