Philippine Central Bank Directs Banks and E-Wallets to Eliminate In-App Gambling Access
Friday 15 de August 2025 / 12:00
2 minutos de lectura
(Manila).- The Bangko Sentral ng Pilipinas (BSP) has instructed financial institutions to eliminate any links that enable in-app gambling access from their payment applications and websites.
Deputy Governor Mamerto Tangonan revealed the directive earlier in the day during a Senate committee hearing.
BSP-supervised institutions—including e-wallet providers, banks, and other financial entities—have been given 48 hours, or until the end of Saturday, 16 August 2025, to comply.
According to the BSP memo, “Suspended in-app gambling access includes any product, service, or feature that redirects an account holder to a gaming or gambling site.”
The central bank explained that the measure was prompted by “a surge in online gambling transactions and its impact on the financial well-being of consumers and their families, as well as the wider social costs.”
The suspension will remain in effect until the BSP finalizes its policy on online gambling payment services.
Categoría:Legislation
Tags: Sin tags
País: Philippines
Región: Asia
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