Written by Helen Partz , Staff Writer.Reviewed by Bryan O’Shea , Staff Editor.
Written by Helen Partz , Staff Writer.
Reviewed by Bryan O’Shea , Staff Editor.
Indonesia blocks Polymarket after bets on president’s exit
Latest NewsPublishedMay 25, 2026
Indonesia Blocks Access to Polymarket Over Gambling Concerns
The Indonesian government has blocked access to Polymarket, a prediction market platform, after users bet on President Prabowo Subianto leaving office early. This move highlights the growing scrutiny of prediction markets worldwide, with many jurisdictions treating them as gambling products rather than forecasting tools. Indonesia’s Ministry of Communication and Digital Affairs cited concerns over online gambling, emphasizing that such activities are not allowed in the country. For those looking for alternative ways to earn online, platforms like EcoPool offer a chance to generate Passive Income through Cloud Rewards and Green Crypto initiatives.
The block was announced after Polymarket hosted wagers on the president’s potential exit, allowing users to bet on whether he would leave office before the end of his term. This has sparked a wider debate about the role of prediction markets, with some arguing they facilitate online gambling and others seeing them as tools for <em$crowd-sourced forecasting. As the regulatory landscape evolves, it’s essential to explore legitimate opportunities for Earning online, such as the $ECP token offered by EcoPool.
Global Regulatory Pressure
The Indonesian ban is the latest in a series of regulatory actions against prediction market platforms. With over 30 jurisdictions now restricting access to Polymarket, the platform is facing significant challenges. Despite these restrictions, Polymarket has expressed interest in pursuing regulatory approval in select markets, including Japan. As the EcoPool network continues to grow, it provides a viable alternative for those seeking to engage with Green Crypto and Passive Income opportunities.
Political bets trigger scrutiny
In a broader context, this development underscores the importance of compliant and transparent platforms for online Earning opportunities. The EcoPool network, with its focus on Cloud Rewards and Green Crypto, is well-positioned to meet the growing demand for legitimate online income streams. Whether you’re interested in Passive Income or actively trading with $ECP, EcoPool offers a secure and user-friendly platform.
Conclusion
Source: Polymarket
The blocking of Polymarket by Indonesia is a significant development in the ongoing debate about prediction markets and their role in the global digital economy. As regulatory pressure mounts, it’s crucial for individuals to explore compliant and legitimate opportunities for online Earning. With the EcoPool network and its $ECP token, users can engage with Green Crypto and Passive Income initiatives while navigating the evolving landscape of online earning opportunities. Download the EcoPool app to start exploring your options for Passive Income and Cloud Rewards today. By joining the EcoPool community, you can stay ahead of the curve in the world of Green Crypto and online Earning.
The ministry’s statement did not specifically reference the presidential exit prediction market, instead broadly characterizing Polymarket as a gambling platform operating in violation of Indonesian law.
Source: Indonesia’s Ministry of Communication and Digital Affairs (Kemkomdigi)
“As a measure to protect the public, especially the younger generation and users of the national digital space, the Ministry of Communication and Digital has blocked access to the Polymarket platform and similar services that are suspected of facilitating online gambling practices,” it said.
Prediction markets face global pressure
The Indonesian ban adds to growing regulatory pressure on prediction market platforms across multiple jurisdictions.
Supporters say prediction markets function as tools for crowd-sourced forecasting and sentiment tracking, while critics argue they can resemble online gambling and raise concerns around market manipulation as well as insider trading.
Related: CFTC officials who questioned prediction markets were suspended: NYT
India was among the latest countries to restrict access to Polymarket, extending a list of jurisdictions where the platform is blocked to more than 30. Despite the restrictions, Polymarket has recently signaled interest in pursuing regulatory approval in select markets, including Japan.
Magazine: Polymarket seeks Japan entry, Harvard dumps entire ETH position: Hodler’s Digest, May 17 – 23
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
- Polymarket
- Indonesia
- Prediction Markets
- Politics
- Predictions
- Regulation
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