Disable "Country" information collection on members

Please implement a feature for admins to disable data collection of IP addresses for members. Or at least let us store the information anonymized in the database.

Currently the information stored on the members country of origin is quite extensive:
ISP name, ISP ASN, latitude/longitude, region, city, timezone, and full IP address.

Preferably it would be nice if you could just grab the country, and then discard the IP address altogether not storing it in the database.