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And something similar is happening today with

Posted: Tue Jan 07, 2025 5:21 am
by Bappy10
In 2006, for example, stricter rules were introduced against online gambling sites , but the ultimate responsibility for blocking transactions on such sites fell not on internet providers but on financial institutions.
A the cannabis business . Although many states across the pond have legalized marijuana, federal laws have deliberately discouraged banks from doing business with cannabis companies, which has torpedoed the growth of this booming industry.

Last August, the adult content social network OnlyFans announced that it would iran number data ban explicit content on its platform due to pressure from financial companies such as BNY Melon, Metrobank and JP Morgan. Shortly afterwards, and in the face of vociferous protests from online pornography activists, OnlyFans backed down and lifted the ban.

The unprecedented power of financial companies on the network of networks inevitably undermines democracy
The protests are now targeting the duopoly held by Visa and Mastercard . In 2019, the left-wing lobby group SumOfUs submitted a proposal to Mastercard to suspend payments made to far-right groups, but the proposal was ultimately rejected.

When it became public last year that 34 women had sued Pornhub for sexual exploitation , Visa and Mastercard were quick to withdraw their services from the famous online pornography platform , not wanting to associate their respective brands with a company that allegedly profited financially from rape, misogynistic, violent and racist content, and even child pornography.