Birdwatch Note Rating
2024-12-01 19:10:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: ECF651B625F7BF3FD8FF8A695225B77307806C1EB80E075C08260778E3C21B2B
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