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Sex industry is worth $186bn
12 Feb US sex for sale cryptocurrency Lust claims it will 'legalise prostitution' Makers of the coin aim to create a ādecentralized sex marketplaceā.
Description:For workers in the regulated adult entertainment industry, cryptocurrencies are playing an increasingly larger role as an alternative method of payment. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As previously reported , several sex workers have begun to use bitcoin not only as a transactional currency but as a secure global store of value, in which they can hold their retirement savings. The repercussions of the study proposed in the bill introduced to Congress will be heavily dependent on the outcoming report set to be submitted "one year after enactment" to the Committee on Banking, Housing and Urban Affairs.
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