Verifacation Regulations changed

crazed 9.6

crazed 9.6

Transparent Wall Technician
Oct 31, 2014
14,069
108
63
#1
I had in the past mentioned that some exchanges allow a wallet to be created and used with small transactions without the full verification process.
In other words, it did not need a picture ID or Government issued ID to create or use an online Wallet with an attached debit or credit card and an Exchange website, as long as the transactions were below a certain amount.


At this time....
You can still create a Wallet without the 'full' ID verification , but you can not attach a debit or CC card to the Wallet, without that full verification.

I guess this started last year and was made a condition by the new year by the new US government and snuck in under a Covid Bill
I missed this because I already had a Wallet setup since before last year, with my Debit card access.
I did not need nor do I now need that full verification for small transactions (the government issued ID and the Picture ID).
But apparently now you do with new Wallets.

I had been attempting to create a Wallet for my friend .
I was able to create the Wallet but could not attach a debit card without getting error after error.
I checked into this deeper and found first that there were notices of this as far back as december 2020.
The Exchange I used back then which did not need the full verification, now does.

This all really relates to the ability that the government has in tracking all cryptocurrency transactions.
The 'selfie' picture and the government issued ID does not add to the security of your Wallet or your cryptocurrency.

And there were a couple members that mentioned some of this as far back as awhile ago. I think Deadwood and perhaps Tha Joker were a couple.

So anyway, this thread is my apology if I lead anyone astray with creating a Wallet and its demands.

There are plenty of reports to read on these regulations and can be found online easy enough.


my apologies again for the incorrect info about these verification and thnx guys and gals
 
Last edited:
#2
Canada 's regulation are ever evolving towards full control of crypto-currency.

Dear Customer,

Starting on April 4, Coinbase will introduce some changes required by Canadian regulations. Specifically, when you send crypto to another financial entity or money services business (such as another cryptocurrency exchange), and the transaction is 1000 CAD or more, we are legally required to ask you for information about the recipient of that transaction – their name and address.

end c/p
 
#4
anyone try these ways ?

Code: 
https://sosyos.com/how-to-bypass-coinbase-id-verification/

Code: 
https://crax.tube/watch/how-to-bypass-coinbase-identity-verification-selfie-method_q16B8znX5xKCsto.html

hope these exploits still work :)
 
#7
4me2c said:
crazed, for some reason I can't reply to or send You PM's...!!!
Click to expand...

ohh, that is strange .
My inbox is working.
I just received a message from another member this morning.

So it seems that you did get my PM from recently ?
yea, I was waiting for your reply.

Maybe try sending me a new message and not a reply.
Click on my name for new message option.
 
#8
Every day it seems as if there are more restrictions on how much, where, and what we can use our money for. Crypto was a great thing, but as with everything, Regulation messes it up. Probably be better off doing everything in Hong Kong. HEHEHEH.
 
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