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Prediction Market Fever Cooled in February

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Monthly Prediction Market Volume chart

Monthly prediction market volumes dipped in February for the first time since August 2025.

In February, the prediction market sector recorded a drop in monthly trading volumes after five straight months of gains, as activity on BNB Chain-based Opinion Labs fell sharply to $3.1 billion from over $10 billion.

According to data from Artemis, prediction markets processed $23.4 billion of trades in February, down roughly 12% from January’s record $27.1 billion.

Monthly Prediction Market Volume chart
Monthly Prediction Market Volume

Kalshi solidified its lead, with its February trading volume reaching an all-time high of $9.8 billion.

Meanwhile, Polymarket volumes grew slightly to $7.9 billion in February compared to $7.7 billion in January.

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Prediction markets have evolved from a niche sector to a mainstream financial tool, utilized for forecasting events such as elections and economic indicators.

It should be noted that concerns remain about Opinion Labs’ data integrity. This underscores the importance of transparency in the rapidly expanding prediction market space.

Also today, Kalshi announced a collaboration with Bezel, a luxury watch marketplace. Recent research also suggests that Kalshi’s markets have outperformed traditional Wall Street surveys, further establishing its authority in the field.

This article was generated with the assistance of AI workflows.

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Crypto World

BitGo launches MiCA-compliant crypto service across EEA

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Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

TLDR

  • BitGo Europe GmbH has launched its MiCA-compliant crypto as a service platform across all 30 EEA countries.
  • The service enables banks and fintech firms to integrate regulated custody trading and fiat rails through a single API.
  • Institutions can embed multi-asset wallets onboarding and settlement services directly into their platforms.
  • Custodial wallets carry insurance coverage of up to 250 million dollars, subject to terms.
  • BitGo handles trade settlement and custody through its internal regulated infrastructure.

BitGo Europe GmbH has launched its crypto-as-a-service platform across the European Economic Area under the MiCA framework. The rollout enables banks and fintech firms to integrate regulated custody, trading, and fiat services through a single API. The company confirmed that institutions in all 30 EEA countries can now access its infrastructure.

BitGo Rolls Out Regulated Infrastructure Across 30 EEA Countries

BitGo said it now offers API-based wallet, onboarding, and settlement services throughout the EEA. The company operates the service through its regulated European entity, BitGo Europe GmbH. Institutions can embed multi-asset wallets and SEPA fiat rails directly into their platforms. The platform also supports fiat on- and off-ramps under the EU’s Markets in Crypto-Assets framework.

The company stated that custodial wallets carry insurance coverage of up to $250 million, subject to terms. It also provides configurable policy controls and 24/7 operational support. Partners can enable clients to buy, sell, and hold digital assets within existing interfaces. BitGo handles trade settlement and custody through its internal infrastructure.

BitGo previously offered the service in the United States through BitGo Bank & Trust. The company confirmed that the European expansion follows MiCA’s implementation across member states. It said the framework allows institutions to formalize digital asset services under a unified licensing regime. The company has operated since 2013 and provides custody, staking, trading, financing, and settlement services globally.

BitGo went public on Jan. 22 and trades on the New York Stock Exchange under the ticker BTGO. Yahoo Finance data showed the stock at $10.20 on Tuesday, down 1.6% for the day. The data also showed the stock has declined about 20% since its listing.

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Bitcoin and Ether Custody Gains Traction Under MiCA

Financial institutions across Europe have expanded digital asset custody services under MiCA rules. In July, Deutsche Bank advanced its custody plans by partnering with Bitpanda’s technology unit and the Swiss firm Taurus. The bank said it aims to integrate regulated digital asset infrastructure into its offerings. These moves align with MiCA requirements for licensed crypto services.

In September, Spain’s BBVA said it would use Ripple’s institutional custody platform. The bank confirmed that it plans to support Bitcoin and Ether trading and safekeeping. BBVA cited MiCA compliance as a key factor in its decision. The announcement outlined plans to operate under the EU’s regulatory framework.

Clearstream, part of Deutsche Börse, also confirmed the launch of new custody services for Bitcoin and Ether. The company said it will provide custody and settlement through its Swiss subsidiary, Crypto Finance AG. The service targets institutional clients seeking regulated access to digital assets. Clearstream stated that it will integrate the offering within its existing infrastructure.

In January, Standard Chartered announced plans to launch digital asset custody in Europe. The bank secured a license in Luxembourg to operate the service. It established a dedicated EU entity to deliver custody directly to clients. These developments follow MiCA’s rollout across the region.

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Bitcoin Is ‘Money’ in Parts of Africa, Says Africa Bitcoin Corp Chair

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Bitcoin Is ‘Money’ in Parts of Africa, Says Africa Bitcoin Corp Chair

Stafford Masie, executive chairman of Africa Bitcoin Corporation, said Tuesday that Bitcoin functions as everyday money in parts of Africa rather than primarily as a store of value.

Speaking to Natalie Brunell on the Coin Stories podcast on Tuesday, Masie said the framing of Bitcoin (BTC) differs sharply across regions.

“Where I come from, Bitcoin is money,” he told Brunell, adding that in some circular economies in Africa, merchants “won’t accept dollars — they accept satoshis.”

While investors in developed markets often emphasize its role as an inflation hedge, he described communities where satoshis circulate directly in local economies. He also pointed to the stark difference between inflation in the West and in parts of Africa.

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“When you guys talk about debasement, you talk about 4% to 5% annually — we talk about 4% to 5% in an afternoon,” he said.

Source: Coin Stories

Masie compared the shift to the continent’s rapid adoption of mobile technology, arguing that younger populations are bypassing legacy financial systems. Rather than transitioning gradually from stable fiat currencies, he described a move from what he called “broken money” and sharp currency debasement into digital assets.

He also highlighted Africa’s youthful demographics as a key factor, noting that more than a quarter of the continent’s population is under 20. He said younger generations are embracing emerging technologies such as artificial intelligence and they “love Bitcoin.”

Masie said that in this context, Bitcoin becomes more than a passive store of value. Instead, he described it as “pristine capital;” a financial substrate that individuals and businesses can build on. He said:

In Africa, we know the age before 2008 and the age after 2008. After the Bitcoin white paper and before the Bitcoin white paper. Our lives changed, because suddenly we had something that couldn’t be debased. It was immutable, decentralized, can’t be confiscated. That to an African is life or death.”

Masie is a longtime technology executive who previously led major tech operations in South Africa.

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Related: Africrypt founders back in South Africa years after platform collapse: Report

Crypto adoption in Africa

Data from blockchain analytics company Chainalysis appears to back up the shift on the continent that Masie is describing.

From July 2024 to June 2025, Sub-Saharan Africa received more than $205 billion in onchain value, up 52% year-on-year, making it the third-fastest growing crypto region globally. In March 2025 alone, monthly volume spiked to nearly $25 billion, driven largely by activity in Nigeria following a currency devaluation.

Source: Chainalysis

Sub-Saharan Africa has also stood out as a retail-driven crypto market. Transfers under $10,000 accounted for more than 8% of total value sent in the region during the same time period, compared with about 6% globally, according to the report released in September.

At the same time, Nigeria and South Africa showed notable institutional activity, with onchain flows indicating recurring multimillion-dollar stablecoin transfers linked to cross-border trade between Africa, the Middle East and Asia.

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In January, speaking at the World Economic Forum, former UN Under-Secretary-General Vera Songwe explained how stablecoins are increasingly viewed as a cheaper remittance and settlement tool in Africa.

She said remittances have become “more important than aid” in many African economies, while traditional transfers can cost about $6 per $100 sent. With inflation exceeding 20% in about a dozen countries and an estimated 650 million people unbanked, she said stablecoins offer both a payments rail and a store of value in markets facing currency pressure.

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