Indonesia's Ministry of Communication and Digital Affairs has blocked access to Polymarket, classifying the crypto-based prediction market as illegal online gambling under local law. Director General Alexander Sabar made the government's position explicit: blockchain technology or crypto assets do not change the fundamental nature of a platform that lets users wager on uncertain outcomes — it is still gambling.
The ministry has cut access to the platform and is tracing affiliated social media accounts for potential restrictions across other digital channels. The order could extend to other prediction-market platforms if Indonesian regulators determine they facilitate similar wagering activity — Kalshi was not named but falls within the scope of the stated criteria.
Indonesia is not acting in isolation.
CoinDesk