Birdwatch Note Rating
2024-12-02 01:08:06 UTC - NOT_HELPFUL
Rated by Participant: B7EF32D7191B774B4F3B5A52BE10A8006946EA3D847E734DF1CB335071783CC6
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