Senate interrogates the Philippine Central Bank! Demands cutting off electronic wallet gambling links within 48 hours!
The Central Bank of the Philippines (BSP) today issued an emergency directive, requiring all electronic wallet platforms nationwide to completely sever all payment connections with online gambling sites (POGO) within 48 hours. This means that major e-wallets including GCash and Maya must immediatelymore>>
The Philippine government is pushing a new policy to strictly regulate online gambling, and the industry is facing a comprehensive overhaul.
Recently, the Philippine government has intensified its regulation of the online gambling industry, introducing a series of strict regulatory measures including betting limits, restricted operating hours, and raising the legal age for participation to curb gambling addiction and social issues. The n
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