Adult Industry Crypto Payments Platform SpankPay Shuts Down After Wyre Pulls Out
SpankPay stated in a Twitter announcement that Wyre’s new payment processor does not support the adult entertainment business. In addition, the platform also mentioned that other service providers rejected SpankPay for the same reason.
Seems like this isn't really a crypto thing as websites and in-the-flesh businesses can find banking tricky. Considered a "high risk" business - not unlike merchant banking.
There is a serious point lurking beneath the innuendos.
I still think many cryptos would do better with a gambling licence - not quite porn but also "high risk".