Sen. Juan Miguel “Migz” Zubiri raised alarm over the absence of caps on interest rates for online lending applications as Sen. Erwin Tulfo ordered the issuance of a show-cause order against Meta-Facebook Philippines after its representatives failed to attend the hearing on online gambling.
Taking a step further from just prohibiting e-wallets as gateways to e-gambling sites, Sen. Juan Miguel "Migz" Zubiri has filed a bill seeking an outright ban on online gambling in the Philippines.
In April 2022, former president Rodrigo Duterte vetoed the SIM Card Registration Act two months after it was ratified by the House of Representatives and the Senate because of the inclusion of social media providers in the registration requirement.
