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Bitbank Warns of Account Suspensions Over Polymarket Use

Japanese crypto exchange Bitbank is cracking down on accounts tied to prediction markets like Polymarket, warning they may be suspended over gambling concerns.

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cointelegraph.comStai leggendo1 mese fa

Bitbank Warns of Account Suspensions Over Polymarket Use

Bitbank warned accounts transacting on Polymarket risk suspension over gambling law conflicts. The move signals regulatory barriers to prediction market expansion in Asia and reflects cautious positioning on gambling-adjacent services.

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news.bitcoin.com1 mese fa

Bitbank Drops Polymarket Warning: Japan Traders Face Account Suspension Over Betting Deposits

Bitbank froze Polymarket accounts June 15, enforcing Japan's Art. 185 ban on crypto event contracts as gambling (500k yen penalty). For tech leaders: Asia's crypto regulation tightens with 2030 legalization, creating compliance and criminal exposure for market participants.

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lunedì 15 giugno 2026·cointelegraph.com
Bitbank Warns of Account Suspensions Over Polymarket Use
Japanese crypto exchange Bitbank is cracking down on accounts tied to prediction markets like Polymarket, warning they may be suspended over gambling concerns.
lunedì 15 giugno 2026·news.bitcoin.com
Bitbank Drops Polymarket Warning: Japan Traders Face Account Suspension Over Betting Deposits
Bitbank warns Japanese users that Polymarket transactions may violate gambling laws, risking full account suspensions as of June 15, 2026.