Polymarket
Latest news, explainers and analysis on Polymarket. Tracking 3 stories on Arth Vani.
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Latest on Polymarket

US Prediction Market Polymarket Lobbies Europe for Financial Product Status, Not Gambling
Polymarket, a US-based prediction market, is engaging with regulators across the UK and Europe to be classified as a financial services provider rather than a gambling firm. This move could significantly alter its operational framework, tax obligations, and regulatory oversight in the region, as reported by the Financial Times.

JPMorgan Drops Crypto Prediction Platform Polymarket Over Regulatory Concerns
Financial giant JPMorgan Chase has reportedly severed its banking relationship with Polymarket, a crypto-based prediction market. The move stems from unnamed regulatory concerns, highlighting the increasing scrutiny traditional banks apply to digital asset firms.

Polymarket Aims for $20 Billion Valuation, Kalshi Targets $40 Billion
Prediction market platform Polymarket is reportedly aiming for a $20 billion valuation, while competitor Kalshi is targeting double that at $40 billion. This information is based solely on a global finance headline, with further details unavailable.
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