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E-wallets told to drop gambling links

14 August 2025
in Business
Reading Time: 5 mins read
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E-wallets told to drop gambling links
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By Adrian H. Halili, Reporter

THE BANGKO SENTRAL ng Pilipinas (BSP) on Thursday ordered all electronic wallets (e-wallets), banks and other supervised institutions to remove in-app gambling assets, including any links that direct users to gaming or gambling websites.

“The BSP directive is issued in light of the surge in online gambling transactions and its impact on the financial health of consumers and their families, and considering the broader social cost,” the central bank said in a statement late Thursday.

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