JPMorgan Ends Banking Ties with Polymarket Over Regulatory Concerns

JPMorgan Chase ended its banking relationship with Polymarket due to regulatory concerns.

The bank stopped providing services to Polymarket in October 2025, citing regulatory issues.

Polymarket had previously halted US services after a $1.4 million settlement with the CFTC over operating an unregistered derivatives exchange.

However, Polymarket returned to the US market late last year as federal regulation eased.

JPMorgan is still interested in working with Polymarket, inviting its CEO Shayne Coplan to speak at a private client conference and potentially serving as an underwriter for an IPO.