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Indonesia blocks Polymarket over bet on president’s resignation • Happy Coin News

Updated: 2026-05-25

  • Authorities Indonesia block platform  because of rates + politics.
  • Ban connected с forecasts ухода President Prabowo Subianto.

has blocked access to polymarket after a bet appeared on the platform about whether President Prabowo Subianto would leave office before the end of his term.

About blocking reported The country’s Ministry of Communications and Digital Technologies, which called polymarket “an online gambling site disguised as a .”

The government will not allow any form of online gambling in Indonesia. Services such as polymarket, involve betting and speculating on uncertain outcomes, which is a violation of Indonesian law, said ministry spokesman Alexander Sabar.

Although the country’s stance on gambling is widely known, the ban on prediction markets was only introduced after a contract was signed on May 21 polymarket The question arose about when Prabowo would “step down as president.”

Suggested dates on the platform included May 31, June 30, and December 31, 2026, even though his five-year presidential term expires in October 2029. Trading volume on the market totaled over $46,000. Traders estimated the likelihood of his departure at 1% by May 31, 2% by June 30, and 18% by the end of 2026.

Now polymarket Blocked in more than 30 countries worldwide, the platform remains focused on global expansion. The company recently appointed a representative in Japan and plans to receive government approval by 2030.

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