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Polymarket Reportedly Targets Tokyo Approval by 2030 in Japan Lobbying Effort

BeInCrypto
Polymarket is reportedly hiring local leadership to lobby for regulatory approval of its prediction market platform in Japan by 2030.

Summary

Polymarket is reportedly initiating a long-term lobbying effort to gain government approval for its prediction market services in Japan by 2030. The company has appointed Mike Eidlin, the head of Japan operations at Jupiter, to spearhead this expansion. This strategic move comes as the platform faces increasing regulatory scrutiny and bans in various countries, including Argentina, and seeks to move beyond its currently restricted status in the Japanese market.

(Source:BeInCrypto)