Cryptos: The only adult in the room

The OnlyFans saga has led to sex-workers looking at Rs currency as an alternative

Sex-workers are early adopters of new technology and the sector is an online bellwether. While civilised countries generally allow consenting adults to earn a living from sex-work, erotic photoshoots and adult movies, sex-workers are often badly exploited.

It’s hard to verify performers are indeed, consenting, and adults. This makes financial service providers wary about processing sex-work payments. That is leading to tectonic shifts in the industry and the laws around it.

OnlyFans (OF), a big platform for adult content, may be a test case. OF has had trouble with financial service providers and threatened to ban explicit content from October. However, after