Polymarket pushes for Japan entry, targets 2030 approval

Decentralized prediction market Polymarket has begun lobbying efforts to enter Japan, aiming for official government approval by 2030, Bloomberg reported. The company currently restricts users in Japan from placing bets on its website and app due to regulatory issues. The move into the Japanese market is reportedly driven by a growing need to secure new users amid regulatory pressure in the U.S. and the rise of competing platforms such as Kalshi.