TradeHill, a bitcoin exchange, has partnered with online identity verification platform miiCard, reports Finextra.
TradeHill first launched in 2011 but was shut down due to ID fraud, problems with payments startup Dwolla and regulatory concerns. The company launched in March and has partnered with miiCard, which provides users with “digital passports” that verify online identity.
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“We are committed to exceed government compliance standards at every opportunity. miiCard’s identity proofing capabilities allow us to identify red flags early in a transaction to better support anti-money laundering efforts,” said TradeHill Founder Jered Kenna.
Read the full story here.