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deep tech ReadWrite May 25, 2026

Indonesia blocks Polymarket amid expanding global pressure against prediction market platforms

Indonesia blocks Polymarket amid expanding global pressure against prediction market platforms
AI Summary

Indonesia has blocked access to Polymarket after officials concluded that the prediction market platform operates as online gambling under national law. The Communication and Digital Affairs Ministry announced the move on Friday and said authorities are stepping up enforcement against digital betting services across the country. Officials argued that platforms allowing users to speculate on uncertain future events fall within Indonesia’s gambling restrictions, even when those services are tied t

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