Birdwatch Note Rating
2024-12-01 05:19:38 UTC - NOT_HELPFUL
Rated by Participant: F7F64679439DF4458EF9E72A418832ACFC8A3E7333EA19B6B609B8D6066B1B98
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