Indonesia restricts Polymarket access in crackdown on crypto prediction markets after Prabowo exit wagers

Indonesia blocked access to prediction market Polymarket after the platform hosted wagers on whether President Prabowo Subianto would leave office before the end of his term ^{[1] [2]}.

Authorities said Polymarket’s betting and speculation activities violate local online gambling laws, and the action was described as part of a broader crackdown on online gambling platforms ^{[3] [4]}.

The restriction highlights growing regulatory scrutiny of crypto prediction platforms: media reports say event-based contracts are being treated as speculative betting under existing laws, increasing legal pressure on platforms like Polymarket across multiple jurisdictions ^{[5] [2]}.

Polymarket remains blocked in Indonesia amid official findings that its markets violate gambling rules, and the platform now faces intensified regulatory challenges going forward ^{[1] [3] [5]}.