Philippines Urged to Tighten Crypto and Online Gambling Oversight After Gray List Exit
MANILA, Philippines— As the Philippines celebrates its removal from the European Commission’s ‘high-risk’ list for money laundering, calls are mounting for tighter regulation of two of its fastest-growing but most vulnerable sectors: cryptocurrency and online gambling. Experts, including global credit agency Moody’s, warn that despite the country’s progress in aligning with global anti-money laundering standards,…
