Vice: Is the DOJ forcing banks to close porn stars' accounts?

[JEMC]

SamuelRSmith said:

JEMC said:
Sooner or later, that puritanism is going back to bite them on the back (and not in a good, erotic way).

The banks of Canada and Mexico, or branches of those same US banks in those countries, should step in and offer them their services.

In order to deal with US dollars, or operate within the US, you must comply with all US regulations and laws.

I should know, I work for a British bank in Hong Kong, and I have to comply with them.

It's good to know.

This is obviously not a law as it is discriminatory and that goes well, against the law.

As for the rest, it is prety clear that the bankers don't like this either (after all, they are losing clients with money) and given how smart they are when it comes to find ways to avoid the laws/regulations without crossing the line, they will find ways to make it happen.

The other option is to move the industry to other places/counties. Maybe they could move to Toronto in the East and South California in the West? Hmm, I wonder how the economy of California would deal with that (if it's as bad as some say, ofc).