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I've been seeing this recently on bitcoin job advertisements. For instance: https://bitcoinerjobs.com/job/1288363-mobile-app-developer-synonym
I'm guessing that having US citizens/residents working for a company exposes the company to some kind of regulation risk. But can anyone say specifically what the problem is?
I would have thought they would just want to avoid US customers, not necessarily employees. I know that's the case for a lot of banks outside the US - they won't open bank accounts for Americans, because of the onerous regulations (FATCA compliance).
Around the time I started SN, @BitcoinErrorLog and I discussed me joining synonym but they couldn't hire US residents.
I forget exactly what the reasoning was but it had something to do with @Synonym_to being owned by Bitfinex which avoids formal relationships with US businesses and persons afaict.
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Synonym is technically majority-owned by Tether. Excluding US citizens is a strategic choice because of the experience of US Bitfinex team being used as jurisdictional leverage in the past, I believe. Still hope to work with you someday!
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shouldnj't matter. if they pay in crypto just tell them you live in africa
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21 sats \ 1 reply \ @fm 5 Dec 2023
If you are a US citizen and dont have another passport, that wont work... Plus, if you pay taxes, they have you located
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