OnlyFans’s recent ban of explicit porn (which was rescinded after a few days) illustrates how divisive payments governance can be. We still don’t know why OnlyFans decided to hack off one of its own legs, but it may have had something to do with the rules of the underlying payments systems on which the site relies. The media fallout was a huge PR disaster for all involved, including Mastercard. If FedSend was part of the picture, it, too, would have been dragged into the controversy.
Related posts
-
XRP Price Ready For 70% Breakout As Long-Term Consolidation Nears Its End
The XRP price has seen some level of recovery over the last two days that has... -
Is Bitcoin Getting Ready For An Explosive Breakout?
The fluctuations in Bitcoin’s price have marked the tempo of the crypto market and the community’s... -
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges
The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to...