I like Coinbase. I think it has its issues but, generally speaking, it's a safe place for your assets.

I guess that explains why I've got $25 worth of Coinbase at the moment.

But all jokes aside, I'm a bit mad at CB this morning because, for the umpteenth time, I've been asked to verify my account.

There's a message, superimposed at the top of my screen, that reads: "Verify by Jan 05, 2024 or your account will be restricted to withdrawals only".

So I clicked 'Verify Now', and to be honest I'm lost.

They're asking for my Tax ID.

Now, obviously Coinbase knows where I'm based, so I know what they mean by that.

But I'm still bothered.

Chiefly because, in my country, your Tax ID is only relevant if you've got a business, which I don't.

So what do they need it for?

I don't know. This is kinda getting out of hand and it's annoying.

KuCoin is now asking users to KYC, Binance has already asked me to get verified twice. What's next?