Anonymity, one of Bitcoin's supposed biggest advantages over regular currencies, is all but gone on Mt. Gox, the world's largest Bitcoin exchange and trading website
The japanese-based Mt.Gox announced on Thursday that users who want to exchange currencies into Bitcoin will need to have a verified account, providing a photo ID and a document proving his or her legal residence
"The Bitcoin market continues to evolve, as do regulations and conditions of compliance for Mt. Gox to continue bringing secure services to our customers," read Mt. Gox's press release announcing the change. "It is our responsibility to provide a trusted and legal exchange, and that includes making sure that we are operating within strict anti-money laundering rules and preventing other malicious activity." Read more...
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