Polymarket · Indonesia · Google · Apple · The Block
Indonesia blocks Polymarket amid crackdown on online betting
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Indonesia’s Ministry of Communication and Digital has blocked access to the crypto-native prediction market platform Polymarket as authorities intensify a broader crackdown on online betting in the country, where gambling is illegal under national law.
Key facts
- Polymarket gained traction in Indonesia last week after users opened contracts predicting when President Prabowo Subianto would be “out as president,” despite his current term running through 2029
- Director General of Digital Space Supervision Alexander Sabar said that Polymarket's activities involve "betting and speculation on uncertain outcomes," placing the platform in violation
- In the United States, prediction markets remain under active legal scrutiny despite a more permissive federal stance toward event contracts
- According to the statement, the ministry is also planning to block access to similar services suspected of facilitating prediction market practices
Summary
Director General of Digital Space Supervision Alexander Sabar said that Polymarket's activities involve "betting and speculation on uncertain outcomes," placing the platform in violation of Indonesian law. According to the statement, the ministry is also planning to block access to similar services suspected of facilitating prediction market practices. Polymarket gained traction in Indonesia last week after users opened contracts predicting when President Prabowo Subianto would be “out as president,” despite his current term running through 2029, on Monday. The development adds Indonesia to a growing list of jurisdictions restricting Polymarket and rival event-contract platforms.