After the update of their Terms of Use to prohibit explicit and unauthorized content. other related services on February 2, processing BitPay payments this week.

Pornstar and Reddit user Sexy_Saffron posted on the subreddit / r / bitcoin on Feb. 24 an image of an email from BitPay stating that his account would be disabled on April 25 due to the fact that he was not allowed. it provides sexually explicit content.

Sexy_Saffron wrote in a comment that the reason for the ban is probably because " as soon as they allow XXX payments, they become a high-risk payment processor" "which increases their costs with the world fiat ."

The new conditions of use of February 2 contain a list of services considered as " prohibited activities " by the BitPay platform:

the sale of narcotics, research chemicals or controlled substances; sales of cash or cash equivalents […]; the sale or trade of virtual currencies; articles that violate or violate intellectual property rights; ammunition, firearms, explosives (including fireworks) or weapons […]; transactions that show the personal information of others; transactions that support the pyramid, Ponzi, or others "get rich fast" schemes; transactions related to the exploitation of clouds; provide credit repair or debt settlement services; all services that compete with BitPay; explicit sexual content; sales of Kratom or Nootropics. "

The following services are authorized if they have been authorized by BitPay in writing: engage in foreign exchange activities, sell Bitcoin mining equipment (BTC), provide Currency services, buy Although Bitcoin and cryptocurrencies are often considered popular means of money laundering and fraud, a study published in January this year showed that less than 1% of transactions BTC involved money laundering