JPMorgan cuts Polymarket ties after Dimon floated prediction bets

AI Summary JPMorgan Chase has reportedly closed Polymarket’s bank account over regulatory concerns. This comes months after chief executive Jamie Dimon said the bank might one day sell prediction-market products of its own. This contrast points to an emerging issue for Wall Street. Banks recognize that they can make money with the prediction market, where individuals invest... fulltext: 374 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/jpmorgan-polymarket-dimon-prediction-bet/ Source: CryptoPolitan