Account Freezes and Financial Monitoring
Bangladeshi authorities have frozen approximately 14,000 mobile financial service accounts linked to online gambling and illegal hundi transfers. This action marks the second phase of a broader regulatory campaign targeting unlicensed digital betting operations.The Ministry of Finance reports that restrictions now cover roughly 55,000 mobile financial service accounts in total, following an initial freeze of 10,000 accounts. Officials are identifying the organizers of these payment schemes and forwarding case files to law enforcement agencies. The system now blocks the creation of new digital wallets using the same national identification numbers.
Legal Framework and Enforcement Measures
Government statements indicate that unregulated online betting facilitates money laundering and other financial offenses. Authorities are therefore monitoring payment channels alongside betting operators. Individuals found violating the digital gambling ban face up to two years of imprisonment and fines reaching $810,000.Earlier regulatory announcements outlined these penalties to establish compliance standards across the digital finance sector.