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JPMorgan Cuts Banking Ties With Predictions Platform Polymarket

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JPMorgan Chase has ended its banking relationship with Polymarket, a popular online predictions platform. The move took place in late 2025, according to a report by the Financial Times. The decision was driven by regulatory concerns held by the bank. Polymarket, which allows users to bet on the outcomes of real-world events, now faces the challenge of finding alternative banking arrangements.

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JPMorgan Cuts Banking Ties With Predictions Platform Polymarket · ShortSingh