Post
Topic
Board Bitcoin Discussion
Re: Visited my first Bitcoin ATM in Chicago today
by
bitkilo
on 23/09/2014, 12:34:05 UTC
What information/id/bioscan requirements are there?

According to their website, if you're transacting less than $3,000 worth of BTC, it would appear they only require SMS verification, which isn't ridiculous, it's easy to bypass if you don't have a phone or don't want to use your own.
However, they also state here under the "KYC Compliance" tab, that additional verification options can enabled and configured by the operator.
So basically it depends on the decisions of whoever owns the ATM.
This is true in Australia, operators of the Lamassu brand bitcoin atm can configure there machine for id scan ect if required by government regulations in the future.
At the moment its not needed for small transactions.