Birdwatch Note Rating
2024-12-01 05:50:16 UTC - NOT_HELPFUL
Rated by Participant: 738791C664F6EBAC204AD07ED03C85C2BC84AAA9D26108B732ECB4DBF0CCBD6D
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