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Press:
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OnlyFans’ founder Tim Stokely has blamed banks such as Metro Bank and JPMorgan Chase for the forthcoming ban on sexually explicit content.
These banks were shutting down Onlyfans’ corporate account on short notice in 2019 or rejected money associated with Onlyfans, closing sex workers accounts too.
The ban, then, was necessary to safeguard their funds and subscriptions, “we had no choice”. MasterCard and Visa were not mentioned.
The October 1st ban will affect anything that “shows, promotes, advertises, or refers to” real or simulated sex, masturbation, and sex-related bodily fluids. It will still allow nudity, but without zooming too close to body parts (!?).
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Question: it will happen to any other competing service at least as soon as reaching the same high volume, right?
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