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BSP issues e-wallets to unlink from online gambling sites

Cristina Joy Valerio Senior Writer August 14, 2025 · 1 min read

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The Bangko Sentral ng Pilipinas (BSP) has ordered e-wallets to unlink their platforms to online gambling sites within 48 hours.

BSP Deputy Governor Mamerto Tangonan has stated that they have issued an order for e-wallet platforms to remove links in-apps to allowing users to use e-gambling sites.

According to Cybercrime Investigation and Coordinating Center Undersecretary Renato Paraiso, he states that the platforms can do this change immediately, but Tangonan said that the platforms are given 48 hours to give them time to inform the public and their users.

Users of the e-wallets can still use the e-wallet platforms by going directly to the e-gambling website. Currently, there are 11,985 illegal online gambling sites in the country.

bangko sentral ng pilipinas BSP e-wallets BSP financial policies Digital payment security e-wallet regulations e-wallet safety measures gambling site restrictions online gambling ban online gambling philippines Philippines fintech

Cristina Joy Valerio

Senior Writer

Cristina Joy D. Valerio, more commonly known as CJ to most, is a Multimedia Producer at Yugatech. She has an interest in the evolving world that is technology. Apart from that, she organizes D&D sessions, plays video games, and watches anime to kill time. CJ's alma mater is iACADEMY and graduated with a Bachelor of Science in Information Technology specializing in Web Development.

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