JPMorgan reportedly ends Polymarket banking services over regulatory concerns
By The Weekly Edge desk ·
Summary
JPMorgan Chase reportedly ended banking services for Polymarket in October 2025 over regulatory concerns, reported by CasinoBeats, citing anonymous sources quoted by The Wall Street Journal and Reuters. Polymarket said it maintained active ties with JPMorgan across multiple entities and disputed suggestions of a rift. JPMorgan had not commented on the reports.
Why it matters
The reported termination suggests regulatory concerns could affect Polymarket’s access to banking services, although Polymarket says its broader JPMorgan relationship remains active.