Bitcoin exchange TradeHill increases security with miiCard

Bitcoin

Secure?

Bitcoin exchange TradeHill has partnered with online identity verification start-up miiCard

After launching in 2011, TradeHill was forced to close within six months amidst widespread identity fraud. A fall-out with the digital payments outfit Dwolla as well as other regulatory concerns was also to blame. However, following investment seed funding and a re-launch in March, the company has partnered miiCard which provides users with “digital passports” verifying online identity.

“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. 

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