Financial Times ·

JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company

Largest US bank has continued to cultivate ties with prediction platform as it seeks $20bn valuation

In this story JPMorgan Chase Polymarket

JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company

Lead Source

Financial Times — JPMorgan Chase terminated its banking relationship with Polymarket in 2025 over regulatory concerns, though it still maintains some ties to the company ↗

How this story grew

Coverage · 0 Discussion · 0

Aug 14Aug 15

More

Wall Street Journal: Wall Street Journal

CoinDesk: CoinDesk

PYMNTS: PYMNTS

Bloomberg: Bloomberg

Inc.com: Inc.com

ZeroHedge News: ZeroHedge News

crypto.news: crypto.news

Coinpedia Fintech News: Coinpedia Fintech News

The Crypto Times: The Crypto Times

Cointelegraph: Cointelegraph

Related stories

Wall Street Journal: Banks are warming up to launching their own stablecoins as nonbank companies enter the market; sources: JPMorgan Chase evaluated launching its own stablecoin

Wall Street Journal: Polymarket CEO Shayne Coplan dismissed concerns after fraudsters tried to launder $10M+ from stolen cards to clean accounts via its wagers in February

Wall Street Journal: New York AG Letitia James sues Polymarket US, alleging that the site is illegally running a gambling operation, as part of NY's crackdown on prediction markets

The Information: Palmer Luckey-backed Erebor Bank ended its free stablecoin-to-cash redemption offer after crypto trading firms like Wintermute used it for arbitrage

NPR: The CFTC has launched a probe into prediction markets' "mention markets", prompting Kalshi to remove bets on word choices from sports-related offerings

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif