JPMorgan Ditches Polymarket Over Regulatory Fears
JPMorgan Chase reportedly debanked Polymarket in late 2022, citing concerns about regulatory compliance.
The news was disclosed by CoinDesk, a leading source of cryptocurrency news and information. As part of its disclosure policies, CoinDesk notes that it owns and invests in digital asset businesses and employees may receive equity-based compensation from Bullish (NYSE:BLSH), the parent company.