Birdwatch Note Rating
2024-12-01 18:07:41 UTC - NOT_HELPFUL
Rated by Participant: 6CB238C2563BB24B361F330D320FDF6825534288BA0D6926181F23D8628CC484
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