Polymarket blocked in Indonesia as Prabowo exit bets spark heat

The crypto-aligned Protect Progress PAC reported spending another $750,000 on media for a Democratic candidate over Representative Al Green, whom it described as “actively hostile” to digital assets.

Indonesia has blocked Polymarket, classifying it as an online gambling platform. The government says Polymarket operates as real‑money betting, violating Indonesian law. The move is part of a broader crackdown on online and speculative digital gambling. The Indonesian Ministry of Communication and Digital Affairs has blocked access to Polymarket, claiming the website is an online […] The post Indonesia Cracks Down on Polymarket in Gambling Clampdown appeared first on Live Bitcoin News.

Indonesia has blocked access to the crypto-based prediction market platform Polymarket after the site opened a betting market on whether President Prabowo Subianto would leave office before his term ends in 2029. Indonesian Government Blocks Polymarket Over Online Gambling Laws The block was announced by Indonesia’s Ministry of Communication and Digital Affairs, known locally as […]

Polymarket has been banned in Indonesia following controversy around bets predicting an early end to President Prabowo's presidency. The post Indonesia bans Polymarket after bets on President Prabowo’s early exit spark gambling crackdown appeared first on Crypto Briefing.

Brian Armstrong's wishlist for upgrading global finance aligns with the exchange's push into stocks, prediction markets and stablecoin payments, though some priorities remain aspirational.

Indonesia blocked Polymarket after users bet on President Prabowo Subianto leaving office early, citing gambling concerns and expanding global scrutiny of prediction markets.

The post Kalshi backs prediction markets lobby group with former Trump official appeared on BitcoinEthereumNews.com. Kalshi has backed a new advocacy group, Americans for Fair Markets, as the prediction market industry faces rising pressure from casinos, sportsbooks, state regulators, and Congress.  Summary Kalshi-backed Americans for Fair Markets will lobby for federal prediction market rules and consumer protections. The launch comes as Congress now probes Kalshi and Polymarket over insider trading control systems. State gambling cases keep pressure on platforms seeking CFTC-led oversight of event contracts nationwide. The group launched with Taylor Budowich, a former deputy White House chief of staff, as strategic advisor. Americans for Fair Markets plans to shape federal policy for prediction markets and federally regulated exchanges. Kalshi said the group will support paid and earned campaigns against what it called “false narratives about prediction markets” from sportsbook and c

Prediction markets are moving into the mainstream as Polymarket and licensed sportsbooks shape trust signals, odds interpretation, market liquidity, regulation and trading risk.