Re:Pornhub Blocks All of Utah from Its Site
by g42gregory on Monday May 01, 2023 @10:45PM
(#35782665)
Many cryptocurrency websites refuse services country by country, and in the United States case, I saw service restrictions on state by state level. Many financial services (overseas hedge funds) websites refuse access to US persons.
[ Parent
| on HN ]
The Foreign Account Tax Compliance Act (FATCA) requires banks and other financial institutions comply with a bunch of regulation for they pleasure of having an American as a customer. Unless it's a particularly interesting market for a foreign bank, they, as you've seen, just won't do business with an Americans.