That's a bank policy thing (trying to cover their butt) not a government thing.
I can take a $8,500 customer check into a certain bank, and turn it into cash, and they don't ask any questions other than they verify my sig on the check matches my sig on my DL, they don't take a pic of my DL or a copy of it, or any other info.
While a different bank, wants more info, copy of my DL, or right index finger print on the check, or questions answered before they cash it.
It all depends on the bank. High Country bank just verify the sig's match no other info at all. Collegiate Peaks bank they have flaming hoops they want you to jump threw before they will cash a check.