🏛️ Indonesia blocks Polymarket, classifying it as illegal online gambling Indonesia's Ministry of Communications and Digital Affairs has blocked access to Polymarket, the leading crypto-based prediction market platform, declaring it constitutes online gambling under local law. Authorities have also begun tracking affiliated social media accounts to extend potential restrictions to other digital channels. Alexander Sabar, Director General of Digital Space Supervision, stated that platforms allowing users to bet money on uncertain events remain gambling products regardless of whether they use blockchain technology or crypto assets. The Indonesian measure fits into a broader regional crackdown. The ministry cited Singapore, Brazil, and India as countries that have already blocked the platform, while Taiwan, Thailand, China, and Japan have imposed restrictions under their respective local laws. Ukraine is also among the countries where Polymarket is blocked with no legal pathway for re-entry. Polymarket is separately seeking regulatory approval in Japan by 2030, where strict gambling laws limit most forms of betting outside state-sanctioned activities. https://t.co/1yjo6PAsUO