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<p>OnlyFans, an online subscription platform known for adult content, on Wednesday scrapped its new policy that would have <a href="https://www.deccanherald.com/business/business-news/onlyfans-will-ban-sexually-explicit-content-but-keep-nudity-1021580.html" target="_blank">prohibited users from posting any material containing "sexually explicit conduct."</a></p>.<p>"We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change," OnlyFans tweeted on Wednesday.</p>.<p>Earlier in the week, the London-based company said the prohibition policy was in compliance with the requests of its banking partners and payment providers.</p>.<p>OnlyFans did not immediately respond to questions for more detail about the "secured assurances."</p>.<p>In an interview with the <em>Financial Times</em>, OnlyFans founder Tim Stokely blamed "unfair" treatment by banks that made it difficult for the company to pay creators.</p>.<p>"An official communication to creators will be emailed shortly," OnlyFans said in a separate tweet. The company was not immediately available for comment.</p>.<p>The platform, which was founded in 2016 and has boomed in popularity during the Covid-19 pandemic, says it has 130 million users.</p>.<p>The website carved out a niche in the growing creator economy, an industry of online content creators who are earning money directly from fans through social media platforms like YouTube and Instagram.</p>.<p>Sex workers turned to OnlyFans to sell content and more safely earn money online during the pandemic.</p>.<p><strong>Check out DH's latest videos:</strong></p>