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BSP Orders E-Wallets to Remove Online Gambling Links
August 15, 2025
|The Philippine Star
The Bangko Sentral ng Pilipinas (BSP) has ordered e-wallet platforms to take down in-app links to online gambling platforms within 48 hours.
During yesterday's Senate inquiry into illegal online gambling, BSP Deputy Governor Mamerto Tangonan confirmed the order was issued that morning, giving BSP-supervised financial institutions (BSFIs) two days to delete icons and links from their mobile payment applications and websites.
"We provided 48 hours to give time to BSFIs to take down those in-app links or icons to online gambling sites. The other reason is to give consumers time to withdraw their funds from the online gaming accounts (before access is cut-off from e-wallet apps)," he said.
However, Sen. Alan Peter Cayetano, who chairs the Senate committee on banks, financial institutions and currencies, questioned why BSP only ordered digital wallet platforms to remove the links yesterday in time for the Senate hearing on the addiction scourge.
هذه القصة من طبعة August 15, 2025 من The Philippine Star.
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