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Tainted Bitcoins (sethforprivacy.com)
submitted 4 years ago by OsrsNeedsF2P@lemmy.ml to c/bitcoin@lemmy.ml
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I have been interested in getting into small amounts of Bitcoin for a while now and finally decided to begin today. Looking at exchanges I was going to settle on Coinbase but so far they want my phone number; drivers license info; address; and who knows what else if I get past that. Is this normal ? I feel like it's going to want to a DNA swab next and I haven't even gotten to make a single trade yet. I'm in Canada if that matters.

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submitted 4 years ago* (last edited 4 years ago) by sgornick@lemmy.ml to c/bitcoin@lemmy.ml
 
 

The IRS seized $3.5 billion in cryptocurrency during fiscal 2021, which accounted for 93% of its criminal investigation seizures.

Article on CoinDesk

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