{"id":33933,"date":"2026-08-14T21:41:15","date_gmt":"2026-08-14T21:41:15","guid":{"rendered":"https:\/\/futureknowledge.in\/?p=33933"},"modified":"2026-08-14T21:41:15","modified_gmt":"2026-08-14T21:41:15","slug":"jpmorgan-chase-debanks-polymarket-over-regulatory-concerns-report","status":"publish","type":"post","link":"https:\/\/futureknowledge.in\/?p=33933","title":{"rendered":"JPMorgan Chase debanks Polymarket over regulatory concerns: Report"},"content":{"rendered":"<p>JPMorgan Chase &amp; Co. terminated its banking relationship with Polymarket last year over regulatory concerns, the Financial Times reported.<\/p>\n<p>JPMorgan notified the prediction-market platform that it needed to find a new bank in October, the paper said, citing people it did not identify. Polymarket is now working with a new lender, the FT said, without identifying it.<\/p>\n<p>JPMorgan retains other ties to Polymarket as it looks to leave the door open for an underwriting role should it attempt to go public, the paper said, citing a person familiar with the matter.<\/p>\n<p>\u201cWe maintain a close, active relationship with JPMorgan across multiple entities, operational integrations, and material handling customer fund flows,\u201d a spokesperson for Polymarket said. \u201cAny suggestion otherwise fundamentally mischaracterizes our relationship.\u201d<\/p>\n<p>Prediction markets have grown into a multi-billion dollar industry by offering financial contracts tied to everything from celebrity news to when the Strait of Hormuz will reopen. Wagers on sports dominate prediction market trades and stand at the center of a wide-ranging fight over how to regulate the industry.<\/p>\n<p>Catch all the Business News ,  Corporate news , Breaking News Events and Latest News  Updates on Live Mint. Download The Mint News App  to get Daily Market Updates.<\/p>\n<p>Log in to our website to save your bookmarks. It&#039;ll just take a moment.<\/p>\n<p>Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.<\/p>\n<p><em>Source: <a href='https:\/\/www.livemint.com\/companies\/news\/jpmorgan-chase-debanks-polymarket-over-regulatory-concerns-report-11786724331531.html' target='_blank'>Read the original article on www.livemint.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase &amp; Co. terminated its banking relationship with Polymarket last year over regulatory concerns, the Financial Times reported. JPMorgan notified the prediction-market platform that it needed to find a new bank in October, the paper said, citing people it did not identify. Polymarket is now working with a new lender, the FT said, without [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":33934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,36],"tags":[17,29,33],"class_list":["post-33933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-share-suggestions","tag-impact-jpm","tag-signal-avoid","tag-stage-stage-4"],"_links":{"self":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/33933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33933"}],"version-history":[{"count":0,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/33933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/media\/33934"}],"wp:attachment":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}