Valve has added an additional point to Steam's rules. The new ban prohibits the release of content that may violate the rules of payment processors. Steam is targeting games that violate the rules of payment processors, banks, and internet service providers, including controversial adult content. It has not yet been updated in all countries, but this is only a matter of time. However, the English recommendations and prohibitions for Valve partners now include the following item on the list of items that cannot be published on Steam: Content that may violate the rules and standards set by Steam payment processors and associated card networks and banks or internet service providers. In particular, certain types of content intended exclusively for adults. As noted by internet users (via Reddit / service X), after this modification to the terms of service, a lot of adult content disappeared from Steam.
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Currently, most of the content that has been removed is futanari and incest. Later, bestiality and various types of slavery were also randomly removed. However, this mechanism is not ideal. It also affects games that are not erotic. If you create a visual novel game about slavery, there will be an issue.