Philippine Central Bank urgently orders: Electronic wallets such as GCash, Maya must cut off online gambling payments within 48 hours.

The Central Bank of the Philippines (BSP) issued an emergency directive on Thursday, requiring all electronic wallet platforms nationwide to completely remove icons and links associated with online gambling sites within 48 hours, including major platforms such as GCash, Maya, etc. This measure aims

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E-wallets besieged! Philippine fintech alliance including GCash and Maya collaboratively blocks gambling fund channels.

In response to the surge in illegal gambling, the exposure and addiction of minors, the largest fintech platform alliance in the Philippines announced that it will strictly control the use of e-wallets for online gambling. Alliance members such as GCash and Maya will enhance identity verification, m

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After the crackdown on POGO, the Philippines takes another major step as senators propose a complete ban on online gambling and electronic payment channels.

The Philippine Congress is brewing an unprecedented "online anti-gambling war," targeting the increasingly covert online gambling activities. Several senators have recently submitted bills to completely ban online gambling and restrict the gambling payment functions of e-wallet platforms such as GCa

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