Polymarket aims for prediction market approval in Japan by 2030
CoinDesk
Polymarket is lobbying for regulatory approval to operate its prediction market platform in Japan by 2030.Summary
Polymarket is actively seeking to expand its operations into Japan, with a target of gaining government approval by 2030. The platform, which utilizes blockchain-based futures contracts for real-world event betting, has appointed Mike Eidlin to lead these efforts. This expansion strategy comes as the company faces increased legal challenges in the U.S. and looks to capitalize on organic user interest. However, entering the Japanese market remains difficult due to the country's stringent gambling laws and its cautious regulatory stance toward digital assets.
(Source：CoinDesk)