Polymarket reportedly aims to secure government approval for prediction markets in Japan by 2030.
Bloomberg, citing people familiar with the plans, reported that the platform appointed Mike Eidlin to lead the efforts.
Eidlin currently heads Japan operations at crypto firm Jupiter. Polymarket sees Japan as a large untapped opportunity, Bloomberg's sources said. The country currently sits on the platform's frontend-restricted list.
The four-year timeline gives Polymarket room to court Tokyo regulators. The company is leaning into new markets as US scrutiny tightens and other governments shut the door.
Argentina ordered a nationwide Polymarket block in March. The platform already restricts or blocks access in more than 30 countries, including France, Germany, Italy, Australia, and Poland.
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Polymarket itself was barred from the US for roughly three years before regaining CFTC clearance in September 2025. Whether Tokyo proves more receptive depends on how Japanese regulators classify event contracts.
Polymarket isn't alone in facing regulatory heat. According to ThePrint, India's electronics ministry is set to issue a blocking order to Kalshi as soon as Friday.
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Read the Original story Polymarket Reportedly Targets Tokyo Approval by 2030 in Japan Lobbying Effort by Kamina Bashir at beincrypto.com