Snapshot from Jun 25, 2026 at 22:38 UTC. For live data and tracking: View Live
Events / Regulatory / Indonesia bans Polymarket
Regulatory regulatory ban

Indonesia bans Polymarket

Analysis based on 14 articles · First reported May 22, 2026 · Last updated May 28, 2026

Sentiment
-50
Attention
4
Articles
14
Market Impact
Direct
Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard
Market Impact

The ban on Polymarket by Indonesia and other nations signals a growing regulatory crackdown on prediction markets, which could negatively impact the growth and valuation of companies in the decentralized finance and online betting sectors. Investors in Polymarket and similar platforms may face increased uncertainty and potential losses due to restricted market access and legal challenges.

cryptocurrency financial services gambling
Event Summary

Indonesia's Unknown — Ministry of Communication and Digital has blocked access to the blockchain-based prediction market platform Polymarket, classifying it as an illegal online gambling service. This action is part of a broader crackdown on online betting in Indonesia, which prohibits nearly all forms of gambling. The ban was prompted partly by a bet opened on Polymarket regarding the tenure of Indonesian President Prabowo Subianto. Indonesia joins over 30 other jurisdictions, including Argentina, Brazil, Singapore, India, Taiwan, Thailand, China, Japan, the Netherlands, and Ukraine, that have restricted or banned Polymarket due to similar concerns. While Polymarket and its competitor Kalshi argue their products are financial instruments, regulators globally are applying existing gambling laws to these platforms, impacting their global expansion and operations. The United States — United States Commodity Futures Trading Commission in the United States, however, has a differing stance, permitting trading on authorized platforms under a regulated framework.

Key Actions
100 Unknown — Ministry of Communication and Digital blocked access Polymarket
100 Indonesia blocked access Polymarket
95 Indonesia — Ministry of Communication and Digital Affairs classified as gambling Polymarket
80 Indonesia prohibits gambling
60 Argentina ordered block Polymarket
60 Prabowo Subianto announced plan
50 Brazil blocked platforms Polymarket
50 Netherlands imposed penalty order Polymarket
50 Ukraine restricted access Polymarket
40 Singapore blocked Polymarket
40 India blocked Polymarket
40 Taiwan imposed restrictions Polymarket
40 Thailand imposed restrictions Polymarket
40 China imposed restrictions Polymarket
40 Japan imposed restrictions Polymarket
+ 2 more actions View on Dashboard
Entities Involved
priv
Polymarket
Polymarket is the central entity in this event, facing bans and restrictions in multiple countries due to its classification as an illegal online gambling service. This significantly impacts its global expansion plans and operational reach.
Importance 100 Sentiment -70
cnt
Indonesia
The government of Indonesia>>> blocked access to Polymarket>>> due to concerns over online gambling, impacting its digital economy and regulatory stance.
Importance 90 Sentiment -10
govactor
Unknown — Ministry of Communication and Digital
The Unknown — Ministry of Communication and Digital is the primary government agency in Indonesia responsible for implementing the ban on Polymarket and similar platforms, actively monitoring and blocking access.
Importance 80 Sentiment 0
govactor
Indonesia — Ministry of Communication and Digital Affairs
The Indonesia — Ministry of Communication and Digital Affairs>>> in Indonesia>>> officially announced and enforced the block on Polymarket>>>.
Importance 80 Sentiment 0
per
Alexander Wang
Alexander Wang, Director General of Indonesia's Digital Space Supervision, has publicly stated the government's position on Polymarket, emphasizing its violation of Indonesian law and the commitment to eliminate online gambling.
Importance 60 Sentiment 0
per
Prabowo Subianto
A prediction market on Polymarket>>> regarding Prabowo Subianto>>>'s presidency prompted the ban in Indonesia>>>. His administration's economic policies are under investor scrutiny.
Importance 60 Sentiment -5
govactor
United States — United States Commodity Futures Trading Commission
The United States — United States Commodity Futures Trading Commission (CFTC) in the US has a differing stance on prediction markets, defending aspects of federally regulated platforms, which highlights the global regulatory divergence.
Importance 20 Sentiment 0
cnt
Argentina
Argentina previously ordered a nationwide block of Polymarket, citing concerns about unlicensed online betting, demonstrating a similar regulatory approach to Indonesia.
Importance 20 Sentiment 0
cnt
Brazil
Brazil enacted a sweeping ban on prediction markets, including Polymarket, classifying event-based contracts as derivatives outside authorized financial activity.
Importance 20 Sentiment 0
cnt
Singapore
Singapore has officially blocked Polymarket, aligning with other countries in restricting access to prediction market platforms.
Importance 10 Sentiment 0
cnt
India
India has officially blocked Polymarket, indicating a global trend of regulatory action against such platforms.
Importance 10 Sentiment 0
cnt
Taiwan
Taiwan has imposed restrictions on Polymarket in accordance with its national laws, contributing to the platform's global regulatory challenges.
Importance 10 Sentiment 0
cnt
Thailand
Thailand has imposed restrictions on Polymarket, reflecting a broader regional stance against prediction markets.
Importance 10 Sentiment 0
cnt
China
China has imposed restrictions on Polymarket, indicating a consistent regulatory approach across various Asian countries.
Importance 10 Sentiment 0
cnt
Japan
Japan has imposed restrictions on Polymarket, despite Polymarket's aim to make a major push into the Japanese market, highlighting regulatory hurdles for its expansion.
Importance 10 Sentiment 0
+ 15 more entities View on Dashboard
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