Episode

Indonesia Blocks Polymarket Over Gambling Concerns

Podcast
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!
Published
May 25, 2026
Duration seconds
108
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Summary

Indonesia just shut down Polymarket, a prediction betting platform, after users wagered on whether President Prabowo Subianto would resign early — sparking a government crackdown on online gambling disguised as forecasting tools. This move joins a global wave of regulatory action, as authorities increasingly view these platforms as risky gambling fronts, especially targeting youth. While supporters see them as valuable for forecasting, critics and regulators like Indonesia’s now see them as dangerous and illegal — and the president’s term-ending bets were just the tipping point. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/e360dd314eaad6c1