Philippine Central Bank Proposes Tighter Oversight for Online Gambling Payments

The Bangko Sentral ng Pilipinas (BSP) is advancing a plan to implement stricter regulations on digital payment services used in online gambling, citing concerns over consumer protection, financial health, and responsible use of technology. A draft circular, now open for public comment until July 25, outlines sweeping changes that could significantly reshape how payment service […]

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Jul 16, 2025 - 08:50
Philippine Central Bank Proposes Tighter Oversight for Online Gambling Payments

The Bangko Sentral ng Pilipinas (BSP) is advancing a plan to implement stricter regulations on digital payment services used in online gambling, citing concerns over consumer protection, financial health, and responsible use of technology. A draft circular, now open for public comment until July 25, outlines sweeping changes that could significantly reshape how payment service […]