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Indonesia Orders Closure of Over 31,000 Bank Accounts Tied to Online Gambling
Indonesia’s Financial Services Authority (OJK) has directed the country’s banks to block and shut down 31,382 accounts suspected of being connected to illegal online gambling activities, an increase from the 30,392 accounts previously flagged by regulators. Authorities have repeatedly warned that online gambling poses serious risks to financial stability, disrupts household finances and undermines the wider economy. Although many gambling platforms are operated from outside
Jan 162 min read
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