Quote from: RapTarX on Today at 05:19:45 PM

Quote from: Distinctin on Today at 06:15:26 AM

The BSP is already monitoring us, and if we submit the information and put a gambling site as a recipient, we might be sanction as gambling is illegal in our country and it's part of the TOS of the coins.ph that sending coins to a gambling platform is prohibited.

Is gambling illegal in Filipinos? I thought it was legal in there LOL. If coins.ph doesn’t allow payments to gambling sites, you have lot of alternatives. Just move the fund to non custodial wallet (coins.ph is a custodial one, right) and it will not have any direct connection. Apart from that, I don’t see any reason why anyone would be using a centralize custodial wallet for having their private activities.

Gambling in the Philippines is not illegal only some gambling platforms don't pay taxes to the government thus they became illegal. Coins.ph AFAIK is a custodial wallet and the reason why they are not allowing users to send money via their platform to online bookies is to protect their business from money launderers and besides some of the online crypto bookies are illegal and they don't want their name to be engaged to them.

Some users directly send their coins to save on transaction fees as there are networks whose tx fees are insane.