JPM · News · 20260814N

Prediction Market Regulatory Risk

JPMORGAN CHASE & CO · 2026-08-14 · Importance 31 · Surprise 42

JPMorgan reportedly ended its day-to-day banking relationship with Polymarket in October 2025 because of regulatory concerns. The decision followed a 2022 Commodity Futures Trading Commission enforcement action that barred Polymarket from serving U.S. customers. JPMorgan reportedly remains open to providing capital-markets services if Polymarket pursues a public offering, while prediction markets continue to face scrutiny including a New York City Council investigation into alleged deceptive marketing.

Key facts

• JPMorgan Chase ended its banking relationship with Polymarket in October 2025 due to regulatory concerns, specifically an enforcement action by the Commodity Futures Trading Commission (CFTC) that prevented Polymarket from serving U.S. customers. source