Japanese cryptocurrency exchange Bitbank: Accounts found to be involved in withdrawals or deposits related to prediction markets such as Polymarket may be suspended.

Huoxun Finance reports that Japanese cryptocurrency exchange Bitbank issued a risk warning regarding users' use of prediction market services such as Polymarket. The notice states that these platforms, which predict future events, elections, and sporting events based on cryptocurrency trading, are mostly operated by overseas institutions. Japanese users participating for financial gain may be violating local gambling regulations. Bitbank indicated that if it detects deposit and withdrawal records from these platforms in a user's account, it may suspend the account. Once suspended, the user will be unable to log in, trade, or deposit and withdraw cryptocurrency or Japanese yen, and the platform will not be liable for any related losses.