Why is identity verification required for Apple Cash?

AppleCash is a service provided by a bank - Green Dot Bank - who operates under federal banking regulations with KYC (Know Your Customer) requirements.

These regulations are intended to thwart criminal activity.

Appropriate ID must be provided.

Identity verification for Apple Card or Apple Cash - Apple Support

Yes they have a reason to ask for your identity, especially when dealing with financial matters like the referenced Apple Cash support article. There are restrictions due to age or country that must be followed as well as preventing identity theft for your safety.

Please read -> Apple Terms & Conditions.

AngelBeltran9187 wrote:

Why you ask me for my identity do you have a reason for asking for my identity

This is a user to user technical forum, there is no Apple here. Who are you addressing as "you"?