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Polymarket Seeks Japan Entry Amid Global Scrutiny: Report

Cointelegraph
Polymarket is planning to enter the Japanese market by 2030, despite facing significant domestic gambling regulations and global scrutiny.

Summary

Polymarket is reportedly seeking entry into the Japanese market by 2030, appointing Mike Eidlin to lead local operations. Despite existing strict gambling laws in Japan—which generally limit betting to government-authorized activities—the platform aims to secure official authorization. This move comes as the company faces increasing regulatory pressure and access restrictions in various global jurisdictions, even as it maintains a significant organic following in Japan.

(Source:Cointelegraph)