Bitpay introduced mandatory identification wtf

[FireBallex]

Of cos I'd expect such from Bitpay and others like coinbase too, but I think Bitpay wallet still gives users their Mnemonic seed when creating new wallet? Correct me if I'm wrong, if you find yourself in this mess and you want to avoid the KYC you should import your Mnemonic seed into another wallet, it's that simple

[Maxstl007]

I think Bitpay are the owner of copay wallet too? I got tired of copay wallet in 2017 and now using my recovery seed in coinomi wallet, it works very well and all my bitcoins are intact, if you have your seed for Bitpay better import into another good wallet and leave the KYC idea, I'm sure many wallets will follow same step in coming months but there will always be fully decentralized wallets

[o_e_l_e_o]

If you have completed KYC when creating a wallet, and have then taken your seed phrase from that wallet and imported it in to a new wallet on a different piece of software, you have not escaped KYC in the slightest. The owners of the original wallet still have all your personal details, and can still link all your addresses and transactions to those details, regardless of whether you are making transactions using their wallet software or different wallet software. Same seed phrase = same wallet = same privacy invasion.

The only way to actually escape KYC in this case would be to create a brand new wallet using some non custodial software, and send all your coins to it via a mixer or coinjoin transaction(s).