Post
Topic
Board Bitcoin Discussion
Re: Why are some international payment companies not allowing Americans to join?
by
sushi
on 12/11/2013, 04:24:30 UTC
It got really bad from this year, when any financial institution who has business in USA  are required to report all transactioins of US Citizen & Green Card holders.  In order for the banks and other financial companies to comply with the requirement, it would cost them in millions, so the cheapest solution to keep in the business was to shut out Americans.

Americans created the laws and the same Americans who got booted from the banks and brokerage accounts all over the world.  Americans can THANK their Democrats!!!   Grin Grin Grin

It is creating a lot of troubles for many Americans abroad.  You can't do much without a bank account now days.