Birdwatch Note Rating
2024-12-01 05:29:22 UTC - HELPFUL
Rated by Participant: 5856B70E63FD954D52A421CAF1F67E328297966C50DFACCFE2B540673691F7BE
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