Birdwatch Note Rating
2024-12-01 17:39:38 UTC - NOT_HELPFUL
Rated by Participant: 48B32A7EB02670FE130443FA7D9A2510428204017EA2E6C6247EF014AB047CAA
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