Crypto World News: Japan’s cryptocurrency exchange Bitbank announced that it will suspend user accounts found to be involved in deposit and withdrawal operations with decentralized prediction market platforms such as Polymarket. Bitbank said that accessing overseas prediction markets from Japan and obtaining economic benefits may be viewed as gambling. Once an account is banned, users will lose access to login, cryptocurrency and Japanese yen trading, as well as trading operations. Bitbank added that it bears no responsibility for any losses resulting from such bans.

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BorrowedSun
· 2h ago
Japan’s domestic market has also begun to carve into the prediction market, and this round of Polymarket is honestly proving to be a bit tough.
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SpiralCandlestickCollecting
· 2h ago
The compliance pressure is enormous. Bitbank is cutting so harshly, freezing accounts outright without negotiation.
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GasFeesForNightRuns
· 2h ago
The friction between decentralized platforms and centralized exchanges, users are caught in the middle and suffer the most.
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