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BSP orders e-wallets to cut ties with online gambling platforms within 48 hours

The Bangko Sentral ng Pilipinas (BSP) has mandated all electronic wallet (e-wallet) providers to immediately cut all transactional ties with online gambling platforms. Th new directive requires providers to comply within 48 hours. The order was announced by BSP Deputy Governor Memento Tangonan during a Senate hearing on Thursday, August 14, 2025. The hearing was […]