JPMorgan Ended Banking Relationship With Polymarket Over Regulatory Concerns
JPMorgan Chase ended its banking relationship with prediction-market platform Polymarket last year amid regulatory concerns, according to the Financial Times.
The bank reportedly notified Polymarket in October to find a new banking partner. Polymarket has since established a relationship with another lender, although its identity remains undisclosed.
$POLYX
#Polymarket $NVDAB
#JPMorganBitcoin #JPMorganCryptoWarning
JPMorgan Chase ended its banking relationship with prediction-market platform Polymarket last year amid regulatory concerns, according to the Financial Times.
The bank reportedly notified Polymarket in October to find a new banking partner. Polymarket has since established a relationship with another lender, although its identity remains undisclosed.
$POLYX
#Polymarket $NVDAB
#JPMorganBitcoin #JPMorganCryptoWarning