2 years ago
Buying Bitcoin Anonymously (More or Less)
Want to buy some bitcoin? Better get your ID and front-facing camera ready. These days, the price of entry into cryptocurrency is usually not just your dollars or euros but also a wealth of personal data. The practice of gathering such data from users, known as know-your-customer, or KYC, has been increasingly adopted by major cryptocurrency platforms as regulators across the world grow concerned about the use of crypto by criminals. (Of course, bad actors still find ways to sneak in, as a recent CoinDesk investigation found.)
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