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newsatbravenewcoin (OP)
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November 22, 2016, 04:52:14 AM
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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/
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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November 22, 2016, 12:55:43 PM
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Quote from: newsatbravenewcoin on November 22, 2016, 04:52:14 AM
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/

KYC is all about the global power-hungry elites wanting to control the population of their countries.
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