Cryptocurrency Q&A
Why does Bloom need my SSN?
Why does Bloom need my SSN?
BitcoinWarrior
Wed Dec 18 2024
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7 answers
1757
Bloom requested my Social Security Number, but I'm concerned about privacy. Why does Bloom specifically need this sensitive information? Is it SAFE to provide them with my SSN?
7 answers
Raffaele
Fri Dec 20 2024
A U.S. Social Security Number or a Tax Identification Number is necessary for opening a brokerage account in the United States.
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Federica
Fri Dec 20 2024
The requirement is set by the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
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Caterina
Fri Dec 20 2024
These organizations regulate the securities industry in the U.S. and ensure that investors are protected.
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Stefano
Fri Dec 20 2024
Having a Social Security Number or Tax Identification Number allows these organizations to verify your identity and tax status.
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SunlitMystery
Thu Dec 19 2024
It also ensures that you comply with all relevant tax and regulatory requirements.
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