user30009: The vast majority of the Bitcoin trading platforms both in the US and the UK require some sort of ID verification in order to make Deposits/Withdrawals.
Is this because of these two countries current legislation? does this obey to some sort of policy?
Thanks.

user51163: KYC and AML are required if the entity is moving money from A to B. Those entities are referred to as MSB (Money Services Business). However crypto exchanges are are not truly MSB's but they still do KYC and AML. See this insightful article: https://hackernoon.com/bitcoin-is-not-money-if-you-seek-compliance-you-are-asking-for-trouble-cbe9107e5298?source=linkShare-ea6a485c6847-1499320847

user106245: https://www.irs.gov/businesses/international-businesses/list-of-approved-kyc-rules
These are the KYC rules for each country. Do not let places take advantage of you. I had one trader ask for a phone call verification from a country where that wasn't even the required law according to their KYC. So, work out your limits and what you feel comfortable with doing as a buyer and stick to it. You will find many traders that operate properly with you according to your personal privacy requirements.

user7267: In the US, these are called "Know your Customer", and "Anti Money Laundering" (KYC/AML) laws and is enforced by FINCEN (financial crimes enforcement network) in the US for any businesses that qualifies as a "Money Service Business" or "Money Transmitter".   
This guidance published on March 2013, http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html , makes it clear that Bitcoin exchanges must comply with existing regulation for KYC/AML. 

30009: <p>The vast majority of the Bitcoin trading platforms both in the US and the UK require some sort of ID verification in order to make Deposits/Withdrawals.</p>

<p>Is this because of these two countries current legislation? does this obey to some sort of policy?</p>

<p>Thanks.</p>
 51163: <p>KYC and AML are required if the entity is moving money from A to B. Those entities are referred to as MSB (Money Services Business). However crypto exchanges are are not truly MSB's but they still do KYC and AML. See this insightful article: <a href="https://hackernoon.com/bitcoin-is-not-money-if-you-seek-compliance-you-are-asking-for-trouble-cbe9107e5298?source=linkShare-ea6a485c6847-1499320847" rel="nofollow noreferrer">https://hackernoon.com/bitcoin-is-not-money-if-you-seek-compliance-you-are-asking-for-trouble-cbe9107e5298?source=linkShare-ea6a485c6847-1499320847</a></p>
 106245: <p><a href="https://www.irs.gov/businesses/international-businesses/list-of-approved-kyc-rules" rel="nofollow noreferrer">https://www.irs.gov/businesses/international-businesses/list-of-approved-kyc-rules</a></p>

<p>These are the KYC rules for each country. Do not let places take advantage of you. I had one trader ask for a phone call verification from a country where that wasn't even the required law according to their KYC. So, work out your limits and what you feel comfortable with doing as a buyer and stick to it. You will find many traders that operate properly with you according to your personal privacy requirements.</p>
 7267: <p>In the US, these are called "Know your Customer", and "Anti Money Laundering" (KYC/AML) laws and is enforced by FINCEN (financial crimes enforcement network) in the US for any businesses that qualifies as a "Money Service Business" or "Money Transmitter".   </p>

<p>This guidance published on March 2013, <a href="http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html" rel="noreferrer">http://fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html</a> , makes it clear that Bitcoin exchanges must comply with existing regulation for KYC/AML. </p>
