The Ministry of Communication and Digital (Komdigi) has officially blocked access to the crypto-based prediction platform, Polymarket, in Indonesia. This measure was taken following the rise in betting markets betting on the possibility of President Prabowo Subianto stepping down from office before 2027. The Director General of Digital Space Supervision, Alexander Sabar, emphasized that Polymarket is classified as online gambling (j*dol) because it involves betting money on the outcome of an event, even though it is packaged with blockchain technology and crypto assets.
The Ministry of Communication and Digital (Komdigi) has officially blocked access to the crypto-based prediction platform, Polymarket, in Indonesia. This measure was taken following the rise in betting markets betting on the possibility of President Prabowo Subianto stepping down from office before 2027. The Director General of Digital Space Supervision, Alexander Sabar, emphasized that Polymarket is classified as online gambling (j*dol) because it involves betting money on the outcome of an event, even though it is packaged with blockchain technology and crypto assets.