Crypto businesses can pose an elevated financial risk so we require you to obtain prior written approval per our restricted businesses agreement: https://stripe.com/legal/restricted-businesses#:~:text=Busin....
We simply perform open/close actions and that is it. We aren't in the Restricted Business List.
Our competitor who is based in our same region and offers the same exact service, uses Stripe.
Like app review processes and other curation, the people reviewing these things have a tiny snapshot into what you're doing with almost no context, and in a world where most new actors are malicious. It's understandable that they act with caution in cases that look like they could breach terms.