PayPal drops domain registrar Epik over its 'alternative' digital currency
PayPal may be friendlier to digital currencies, but that doesn’t mean it’s giving everyone a free pass. Mashable reports the payments giant has terminated the account for domain registrar Epik, known for serving right-wing havens like Gab and the Proud Boys, over financial risk issues. It didn’t outline what those risks were, but a Mashable source understood it had to do with the legality of Epik’s Masterbucks “alternative currency.”
Epik reportedly hadn’t taken the appropriate steps to legally offer Masterbucks, which let you pay for services both within Epik’s network and from partners. Moreover, the company was allegedly promoting tax evasion
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