Birdwatch Note Rating
2024-12-01 13:41:31 UTC - NOT_HELPFUL
Rated by Participant: 5C42F4BDBD03348672187BB692F8113473EC07E75214D1978DBFB9BCDD2F6F01
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