One of India’s largest bitcoin exchanges, Coinsecure, now offers an account that does not require identification for deposits. “Users can submit their KYC when they want to withdraw or deposit INR and avail the discounted fee of 0.3%,” the company explains. “This removes the process of having to complete verification to start trading in Bitcoin.” Know Your Customer (KYC) identification requirements are demanded by regulators across the globe.
http://bravenewcoin.com/news/indian-bitcoin-exchange-tackles-liquidity-shortage-following-the-withdrawal-of-rupee-notes/
http://bravenewcoin.com/news/indian-bitcoin-exchange-tackles-liquidity-shortage-following-the-withdrawal-of-rupee-notes/
KYC is all about the global power-hungry elites wanting to control the population of their countries.
