Birdwatch Note Rating
2024-12-01 05:40:18 UTC - NOT_HELPFUL
Rated by Participant: 330F8D11B8B098C7D18080B68F52469289374750A4B875C5CCBAF59A9863EB47
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