Birdwatch Note Rating
2024-12-01 19:46:50 UTC - HELPFUL
Rated by Participant: 6353E89F0FD84679AFE9ED46DDB3000C03FC6AA4837488C65789710D7C47D25A
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