Comment by satvikpendem

5 days ago

No they cannot, legally speaking, and companies do not want to face sanctions avoidance charges, so practically speaking no American company will touch the European model hosts either.

In 5 to 10 years most of EU will be partnering with China, not US. Banking will become more "Chinese centric" and most of EU will show a middle finger to US with its FATCA, DMCAs, sanctions and other BS.