After PAGCOR's report revealed shocking truths, why did the Philippine Central Bank "take action" against electronic wallets?

The Philippine government is pushing for new policies to strictly regulate online gambling, and the industry is facing a comprehensive overhaul.

Recently, the Philippine government has intensified its regulation of the online gambling industry, introducing a series of strict regulatory measures including betting limits, restricted operating hours, and raising the legal age for participation to curb gambling addiction and social issues. The n