Questions tagged [know-your-customer]
"Know your customer", referring to identity checks of their users required of businesses.
18 questions
13
votes
5
answers
289
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Privacy friendly payment processor
What is the most reputable Bitcoin payment processor that has privacy friendly terms and conditions? BitPay and Coinbase are known to have used chain analysis to spy on customers. What are the ...
- 379
5
votes
1
answer
505
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Law / country specifics to start Ripple Gateway
There is requirement in https://ripple.com/wiki/Gateway_Integration_Manual
Gateways should comply with the BSA, have AML policies and require KYC information.
As i understand this requirements can be ...
- 101
4
votes
3
answers
4k
views
Why do most trading platforms require ID Verification?
The vast majority of the Bitcoin trading platforms both in the US and the UK require some sort of ID verification in order to make Deposits/Withdrawals.
Is this because of these two countries current ...
- 143
3
votes
0
answers
174
views
What additional actions should an ethical Bitcoin-related business take with each transaction?
I'm considering starting an ethical business for users that accepts Bitcoin as a payment. My intent is to abide by all laws and interpret them in an appropriate manner.
My intent is to abide by ...
- 12.8k
2
votes
1
answer
149
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Can a wallet/exchange provider ask for transaction details
My question has two parts,
Am I obligated to share transaction details with my wallet/exchange provider for any payment I made to an individual, like a subscription to a website?
Irrespective of the ...
2
votes
1
answer
1k
views
Personal information and bitcoin purchasing
I am in the process of buying bitcoins and am being required to put in a lot of personal details. Once i buy the bitcoins is there any way that the information i had to submit to buy them originally ...
- 121
2
votes
0
answers
467
views
How do exchanges like ShapeShift, Changelly or Evercoin cope with KYC/AML regulation?
They don't require any information about their users. Most of the exchanges require user identification: so even though exchanges like ShapeShift might have corporate account on the large exchanges ...
- 31
1
vote
2
answers
432
views
Selling btc but avoiding bank payment reversals
If you sell some btc using a no-kyc p2p exchange, how do you avoid bank transfer payment reversals?
One of the best things about btc is that no one can reverse bitcoin transactions (unless some sort ...
- 185
1
vote
1
answer
100
views
Technological contractor for an ICO legal advise
I was recently offered to hire my services to create and maintain a cryptocurrency.
My responsibilities would be to create a website and issue the tokens
While I think the project as some merit, I am ...
- 11
1
vote
2
answers
654
views
What are the "Know Your Customer" challenges that Bitcoin faces?
Can anyone explain what KYC (Know Your Customer) regulations are "missing", tough or impossible to implement with Bitcoin?
I will offer a bounty to the most detailed answer
(However this question is ...
- 12.8k
1
vote
1
answer
4k
views
How to open a corporate account on Bitstamp?
I am trying to open a corporate account on Bitstamp, but there are so many questions to answer, is there any easy way to get approved?
How are you supposed to answer: Is your business regulated for ...
- 21
1
vote
1
answer
76
views
How can I earn an income from my bitcoins without revealing my identity or relinquishing control of my bitcoins? [duplicate]
I have some Bitcoin. I don't want to part with them, but I need an income.
I'm trying to have it so that, somehow, my Bitcoins generate a small sum monthly in fiat, to my bank account.
While going ...
- 11
1
vote
1
answer
67
views
Online Store in Cheyenne, Wyoming Accepting Bitcoin for Payment
Can an online store located in Cheyenne, Wyoming accept bitcoin as payment for goods from customers in either Wyoming, or other states or countries, without collecting every customers Social Security ...
- 181
1
vote
1
answer
194
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Which KYC solution providers are used by Bitcoin companies?
I am wondering which Know Your Client solution providers are used by Bitcoin companies?
- 43.2k
0
votes
2
answers
90
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Doubts about kyc information request of crypto exchange site
Is it normal for a crypto exchange market site to require a photo of myself holding a signed handwritten note in one hand and my id card in the other as kyc information? I'm not a hostage and it feels ...
- 101
0
votes
1
answer
290
views
Instawire fees over Bitcoin Central fees and their respective KYC policies?
Instawire, Bitcoin-Central, Instawallet, Paytunia and Paymium are seem to be closely related, they cross reference each other on their sites, though their respective guarantees for their services are ...
- 387
0
votes
0
answers
141
views
What is it that frees Bisq from all these KYC/AML laws and regulations?
I feel as if I should probably not ask about this, and instead just quietly go on using it in my little corner, not bringing any attention to its existence, but I still must ask:
What is it that ...
- 1
-1
votes
2
answers
60
views
Human identifier associated with a wallet
I know that, strong anonymity is one of the important aspects of Bitcoin; however, the mandate for us is clear. For audit purposes, we need to be able to prove that, the buyer's name in the web form ...
- 307