OnlyFans, the online fundraising platform that has become a go-to destination for adult content creators, was recently banned from hosting sexually explicit content. The move has caused an uproar among users and has many wondering why the ban was put in place.
According to OnlyFans founder and CEO Tim Stokely, the ban was due to pressure from banks. In an interview with the Financial Times, Stokely said, “The change in policy, we had no choice — the short answer is banks.” He went on to explain that banks are not comfortable with the adult content that is hosted on the platform and have put pressure on OnlyFans to stop hosting it.
The ban has been met with criticism from users who rely on the platform to make a living. Many content creators are now struggling to find other ways to make money, as the ban has put a major dent in their income.
The ban has also been criticized by those who believe it is a form of censorship. Critics argue that the ban is a violation of freedom of expression and that it unfairly targets those who are already marginalized.
OnlyFans has defended the ban, saying that it is necessary in order to keep the platform safe and secure. The company has also said that it is working to find other ways to support its content creators.
For now, the ban on sexually explicit content remains in place, and it is unclear if or when it will be lifted. Until then, content creators will have to find other ways to make money and to express themselves.