Jakarta, July 8 -- The Financial Services Authority (OJK) had instructed banks to block 17,026 accounts suspected of being involved in online gambling, based on data from the Ministry of Communication and Digital Affairs.

The OJK took this step as part of its efforts to enforce regulations and protect consumers in the banking sector, considering the broad impact of online gambling on the economy and the financial sector.

OJK Executive Head for Banking Supervision, Dian Ediana Rae, stated in a press conference here on Tuesday that in addition to blocking these accounts, OJK has instructed banks to implement enhanced due diligence (EDD) measures.

"The OJK has also directed banks to monitor dormant accounts to prevent their misuse for fin...