Birdwatch Note Rating
2024-12-01 19:39:53 UTC - NOT_HELPFUL
Rated by Participant: 3C9F8685F8756B77AF21D72B21A71AA13EB55BAB6A9D599DD1BCB1CAEBF7F177
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