Regulatory Alerts2025-08-14
M-2025-029: Suspension of In-app Gambling Access in Mobile Payment Apps and Websites
Bangko Sentral ng Pilipinas issued Memorandum No. M-2025-029 to suspend in-app gambling access in mobile payment apps and websites of all BSP-supervised institutions. This directive follows Monetary Board Resolution No. 805, which was approved on 14 August 2025 due to the surge in online gambling transactions and associated consumer financial health risks. All supervised institutions are required to remove links providing such access within 48 hours of the memorandum's issuance.
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