Following Wednesday's violent siege of the Capitol, Stripe will no longer process payments for President Trump's campaign, which continued to raise money and sell merchandise through its website and other digital channels. The news was first reported by The Wall Street Journal, and confirmed by Axios with a source close to stripe.

Why it matters: This is the latest escalation in Big Tech's revulsed reaction to last Wednesday's insurrection in D.C., and the first to directly target money flows.

Go deeper: Big Tech's free speech showdown.