[Polymarket Plans to Enter the Japanese Market, Aiming for Approval by 2030] According to Deep Tide TechFlow on May 22, as reported by Cointelegraph, the prediction market platform Polymarket is seeking to enter the Japanese market and aims to secure approval from the local government for prediction markets by 2030. The report states that Polymarket has appointed Mike Eidlin, the head of crypto company Jupiter Japan, to oversee its local operations in Japan and is preparing to advance the relevant compliance processes. Japan has strict regulations on online gambling, currently allowing only a few government-authorized activities such as horse racing and public lotteries. Although Polymarket has not yet been approved to operate in Japan, its Japanese region X account already has over 53,000 followers. Meanwhile, under regulatory pressure and competition from rivals like Kalshi, Polymarket's nominal monthly trading volume in April dropped nearly 15% month-over-month.