finance.yahoo.com Regulatory and legal
JPMorgan cut Polymarket as banking client over regulatory concerns
According to the Wall Street Journal, JPMorgan Chase cut ties with prediction market platform Polymarket last October, citing regulatory concerns. Despite the severed banking relationship, some connections between the two companies remain. A Polymarket spokesperson said the company has "a close, active relationship with JPMorgan across multiple entities," adding that chief executive Shayne Coplan has appeared as a …