Why Crypto Is A Lifeline For Sex Workers Banned By Banks

Why Crypto Is A Lifeline For Sex Workers Banned By Banks

Crypto ecosystems provide tools and functionalities that collide perfectly with the chaotic world of sex workers. Banks, Mastercard, Visa, PayPal, Square, Circle, Cashapp, Venmo, and many platforms have contributed to pulling the rug under adult content creators multiple times, to a point in which there is no safe way left for them to get paid […]


Related News

Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Col...

The CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to avoid sanctions. Crypto Becomes a Lifeline for Ordinary Russians Coinbase CEO Brian Armstrong shared his view on crypto usage and his exchange’s policy in a series of tweets Friday as Russia continues to wage war against Ukraine. Firstly, he emphasized that Coinbase is “not preemptively banning all....

Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Crypto...

A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza province, José Luis Ramón, tweeted that he has introduced a bill allowing workers to get paid in bitcoin. He wrote, as translated by Google: I presented a bill so that independent workers … have the option of receiving their full or partial salary in cryptocurrencies. He added:....

Nigerian Banks Shut Them Out, So These Activists Are Using Bitcoin to Battle ...

As End SARS protests against police brutality surge through Nigeria, the Feminist Coalistion has turned to bitcoin as a financial lifeline.

Brazilian Lawmaker Proposes Integration Of Crypto Payment Option For Workers

As crypto adoption steadily increases, more and more institutions are considering it as a payment option for employees. A member of Brazil’s Chamber of Deputies, Luizão Goulart, proposed a bill to provide public and private sector workers with a crypto payment option. This means that Brazilian workers would have the option to request their pay in cryptocurrencies. […]

Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving P...

A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto favor traditional cryptocurrencies such as ether and bitcoin, which together amount to almost 90% of the payments made in crypto. Freelancing and Crypto Becoming More Popular in Argentina Freelancing seems to be experiencing a boom in Argentina, and with it, crypto, as a way of collecting....