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Polymarket Expands to Japan, Faces U.S. Regulatory Scrutiny
Description
Polymarket, facing U.S. legal challenges, is expanding into Japan, a market with strict gambling laws. Theyve hired Mike Eidlin to navigate Japans regulatory landscape and secure official approval by 2030. Despite Japans cautious approach to crypto businesses, Polymarket sees potential in the market due to user interest. This move is part of their strategy to find new markets, as U.S. regulators also scrutinize prediction markets.
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