US Gov't wants invasive know-your-customer regulations for cloud providers

The U.S. Department of Commerce is pushing to require the IaaS industry (infrastructure as a service, ex: AWS and other virtual machine hosts) to verify customer identities with bank-grade KYC:

> The proposed rule would institute a CIP requirement for U.S. IaaS providers akin to the “know your customer” requirements applicable to banks, introducing a complex compliance protocol that will require resources and lead time.

( That's from the [summary at NatLawReview](https://natlawreview.com/article/us-department-commerce-publishes-proposed-rule-imposing-know-your-customer-and), worth reading )

From the rule text, this …

aws bank cip cloud commerce customer department department of commerce gov iaas identities industry infrastructure infrastructure as a service invasive know your customer kyc machine privacy regulations requirements service u.s. department of commerce verify virtual virtual machine