Birdwatch Note Rating
2024-12-01 09:50:29 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 1C93216555DA8F88888E9CC0227B5D83080DEAA44744FCC4242E6937B5F14070
Participant Details
Original Note:
Misleading, it is not US threats or prosecutions that have caused EU banks or crypto exchanges to shun American clients but onerous and costly compliance with US FATCA regulations and reporting requirements to the US government. https://www.irs.gov/businesses/corporations/foreign-account-tax-compliance-act-fatca
All Note Details