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Philippines strengthens regulation of online gambling and cryptocurrencies, vigilance against money laundering risks remains necessary.

Philippines strengthens regulation of online gambling and cryptocurrencies, vigilance against money laundering risks remains necessary.

Recently, the Philippines successfully exited the Financial Action Task Force (FATF) "grey list," marking significant progress in its anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. However, experts warn that sectors like online gambling and cryptocurrencies may still pose

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