Polymarket reportedly aims to secure government approval for prediction markets in Japan by 2030.
Bloomberg, citing people familiar with the plans, reported that the platform appointed Mike Eidlin to lead the efforts.
Polymarket’s Japan Push Tests 2030 Regulatory Timeline
Eidlin currently heads Japan operations at crypto firm Jupiter. Polymarket sees Japan as a large untapped opportunity, Bloomberg‘s sources said. The country currently sits on the platform’s frontend-restricted list.
The four-year timeline gives Polymarket room to court Tokyo regulators. The company is leaning into new markets as US scrutiny tightens and other governments shut the door.
“Polymarket has seen meaningful organic interest from users across Asia, including Japan, reflecting a broader global trend toward information markets as tools for understanding probability and uncertainty — not unlike how financial derivatives function in traditional markets. We’re always evaluating opportunities to expand access globally in compliant and locally appropriate ways, and welcome dialogue with parties who share our interest in transparent, data-driven markets,” a spokesperson told BeInCrypto.
Argentina ordered a nationwide Polymarket block in March. The platform already restricts or blocks access in more than 30 countries, including France, Germany, Italy, Australia, and Poland.
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Polymarket itself was barred from the US for roughly three years before regaining CFTC clearance in September 2025. Whether Tokyo proves more receptive depends on how Japanese regulators classify event contracts.
Polymarket isn’t alone in facing regulatory heat. According to ThePrint, India’s electronics ministry is set to issue a blocking order to Kalshi as soon as Friday.
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