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Bitcoin exchange Mt. Gox requires account verification after Liberty Reserve shutdown

2013-05-31 15:12:57| InfoWorld: Top News

Mt. Gox is requiring all users to verify their accounts in order to make non-bitcoin currency deposits and withdrawals, less than a week after U.S. authorities said they shut down online payment processor Liberty Reserve for alleged money laundering. The world's largest bitcoin exchange instituted the new requirement on Thursday. Deposits and withdrawals using the bitcoin virtual currency, however, will not require account verification, the company said in a brief statement.

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