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flag Philippines' central bank introduces stricter rules for online gambling to protect consumers.

flag The Philippines' central bank, the Bangko Sentral ng Pilipinas (BSP), is developing new rules to protect consumers from online gambling risks. flag These rules require stricter identity verification, daily transaction limits, and tools for setting spending caps or self-exclusion. flag President Ferdinand R. Marcos Jr. supports regulation over a ban, aiming to address addiction and social impacts. flag The Bureau of Internal Revenue warns that a ban could harm the economy by removing a significant revenue source.

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