Indonesia blocks Polymarket amid crackdown on online betting
The Block
Indonesia has blocked access to the prediction platform Polymarket as part of a national crackdown on illegal online gambling.Summary
Indonesia’s Ministry of Communication and Digital has blocked access to Polymarket, labeling the platform as a form of illegal online gambling. The regulatory action follows the platform's hosting of speculative bets regarding the presidency of Prabowo Subianto. This move aligns with broader efforts in Indonesia to protect digital users from financial risk, and it reflects a growing international trend of scrutiny toward prediction markets in jurisdictions like Brazil, Argentina, and the United States.
(Source：The Block)