BTC China Now Requires Identification

Users of the world's largest bitcoin exchange, BTC China, claim the site now requires them to provide some form of identification to create or use a trading account. Logging into BTC China produces the following message: "In response to a recent policy shift, BTC China now requires users to submit identification or a passport number. Existing users will need to provide this information upon login. We apologise for any inconvenience." Despite the ID requirement, there does not seem to be an ID verification process for users outside China. Some users posted on reddit that they were able to....

The Cirus Identification Framework is designed to address the many flaws of current approaches to online identification, data management, data sharing, ad targeting, and data monetization. Here we discuss these flaws and how the Cirus Identification Network overcomes them. The Evolution of Online Data Tracking Systems The advertising industry has long sought to create a […]

Publicly traded Canadian Greenbank Capital Inc (CSE:GBC and OTCMKTS:GRNBF) has announced that the offering of a cryptocurrency that focuses on user identification in contrast to Bitcoin’s and other altcoin’s user anonymity policies. Citing recent concerns by some figures in the public sector and financial sector about Bitcoin and other cryptocurrencies being good opportunities for illegal activity, Greenbank Capital is focusing on making sure that can’t happen with their product. “GreenCoinX is the world’s first and only crypto currency that requires users to be identified before usage.....

Just when it appeared that the Russian Central Bank was relaxingits position on cryptocurrencies, the Russian Duma quickly dispelled such illusions. Russian lawmakers toughened the requirements for electronic money transfers during a new law’s second hearing – and prohibited “currency surrogates.” The new legislation is set to make anonymous payments between individuals illegal, Itar-Tass reported. In addition, the Duma introduced new measures that would make it easier to identify individuals transferring funds. The new legislation introduces a simplified identification process that now....

With over 1.3 billion inhabitants, Africa accounts for over 16% of the world’s population. However, the continent still falls short when it comes to providing its residents with legitimate or government-issued identification documents. As some studies have revealed, as many as 400 million Africans do not have the appropriate identification documents. Lack of Required Documents Creates Problems Unfortunately, the lack of a national identification document precludes many from accessing financial services, participating in national plebiscites, or even travelling across national....