Embattled Platform Gab Embraces Cryptocurrency, Is Denied By Processors
Controversial social media platform Gab has switched to using cryptocurrency payments after being denied banking services. Founder Andrew Torba posted on Gab last week that the platform had been denied by many payment processors and banking services, and as a result had turned to cryptocurrencies, specifically integrating the BitPay payment processor, which processes Bitcoin and Bitcoin Cash: “Gab has been denied by multiple banks during the underwriting process for a new payment processor.