Polymarket seeks Japan entry despite gambling law hurdles: Report

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Source: Polymarket Japan Polymarket lists Japan among 35 restricted jurisdictions, including the United States, according to its country access policy. However, past reporting indicates users in restricted regions may still access the platform using tools such as VPNs. Polymarket’s trading activity has come under pressure amid rising regulatory scrutiny across multiple jurisdictions and growing competition from platforms such as Kalshi. According to Token Terminal data, Polymarket’s monthly notional trading volume fell nearly 15% in April, while Kalshi saw an increase of about 13%. Polymarket’s monthly notional trading volume. Source: Token Terminal Polymarket’s access is also increasingly restricted globally, with the platform blocked in roughly 34 countries and subject to “close-only” restrictions in four others, according to Start Polymarket data. India is among the latest jurisdictions moving to restrict access to prediction markets, with authorities reportedly preparing blocking orders against rival platform Kalshi following earlier action against Polymarket. Magazine: Should users be allowed to bet on war and death in prediction markets? More on the subject

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