After PAGCOR's report revealed shocking truths, why did the Philippine Central Bank "take action" against electronic wallets?

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