Polymarket is pursuing regulatory authorization to operate prediction markets in Japan, targeting a launch by 2030, according to a Bloomberg report. The platform has appointed a local representative to lead lobbying efforts with Japanese authorities — a sign the company is treating the market entry as a serious, long-horizon regulatory play rather than a speculative expansion.
Japan represents one of the largest untapped markets for regulated prediction markets in Asia, with a sophisticated retail investor base and a government that has shown measured openness to fintech and crypto frameworks in recent years. Securing approval would require navigating Japan's Financial Services Agency and potentially new legislative ground, given that prediction markets occupy a legal grey zone in most jurisdictions.
A 2030 timeline reflects the expected length of that regulatory process — but the…
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