For this reason Onlyfans will prohibit sexual content

From night to morning, a couple of days ago it was revealed that the site of Onlyfans will no longer allow the distribution of sexual content on its platform. While at the time a simple explanation was offered for this decision, Tim Stokely , founder and CEO of this page, has pointed out, once again, that those responsible for this change are banks .

In a recent interview with Financial Times, Stokely assured that the decision to block sexual content, and cut the flow of money for many people, was the result of a pressure from the banking partners and payment providers, And it has pointed out to have received an unfair treatment by these institutions. This was what he commented on:

Each month we paid more than $ 300 million to more than one million content creators, and we need to use the banking sector to make sure that these funds arrive.

JP Morgan Chase has been particularly aggressive with the closing of sex workers' accounts, or any business that supports them .

Next to this, Stokely has pointed out directly from Bank of New York Mellon as one of the main responsible for this treatment . For the moment the panorama is still a little encouraging that the creators of content for Onlyfans. While they are still allowed to sell videos and sexual photos, as of October 1, a new monitoring system will be implemented, where performing this type of actions will become more and more complicated.

You can learn more about the exit of sexual content in Onlyfans here.

Via: Financial Times

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