Philippines to make stricter limits on online gambling payments

Philippines to make stricter limits on online gambling payments

The Bangko Sentral ng Pilipinas (BSP) is set to roll out new regulations requiring banks, e-wallets, and other financial institutions to strengthen safeguards against online gambling. Announced on 7 August 2025, the measures will mandate enhanced identity checks, including biometric verification such as facial recognition, to ensure that only eligible users can fund gambling activities…
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