Not surprised about this reversal. Too little, too late. It’ll happen again. Sex workers should still move to a new platform.
Per Yahoo:
OnlyFans said it has dropped plans to ban pornography from its service, less than a week after the U.K. content-creator subscription site had announced the change citing the need to comply with policies of banking partners.
On Wednesday, the company said it “secured assurances necessary to support our diverse creator community,” suggesting that it has agreements with banks to pay OnlyFans’ content creators, including those who share sexually explicit material.
“Thank you to everyone for making your voices heard. We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change,” the company said in a tweet Wednesday.
“OnlyFans stands for inclusion and we will continue to provide a home for all creators,” the company said.
So was this all much ado about nothing?
OnlyFans may have been able to resolve its conflict with banks — some of which had refused to do business with the site — by going public with the issue. OnlyFans founder and CEO Tim Stokely put the blame for the porn ban on banks in an interview with the Financial Times published Aug. 24, saying that banks including JP Morgan Chase, Bank of New York Mellon and the U.K.’s Metro Bank had cut off OnlyFans’ ability to pay creators.
