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💳 BSP crackdown could hit legal gaming

💳 BSP crackdown could hit legal gaming
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The Bangko Sentral ng Pilipinas is preparing tighter rules on how payment service providers classify merchant transactions, aiming to make fund flows more transparent. Arden Consult says the move is needed, but warns poor implementation could hurt licensed gambling firms while illegal operators adapt faster. ⚖️💳 Why it matters: payments are a pressure point for regulated iGaming. If compliance rules are too broad or unclear, legal operators may face friction, higher costs and customer disruption, while black-market brands gain ground. 🇵🇭📊 🌐 Source: Inside Asian Gaming