BitcoinKE

Africa’s next wave of stablecoin adoption could come from digital tokens pegged to local currencies rather than the U.S. dollar, according to a new report by Standard Chartered and digital asset firm, Zodia Markets.
The report argues that local-currency stablecoins could
lower payment costs,
improve cross-border trade, and
help businesses manage liquidity more efficiently.
While the global stablecoin market has grown to more than $300 billion, over 98% of its value remains denominated in U.S. dollars, leaving African currencies largely absent from the digital payments ecosystem.

MILESTONE | Stablecoins Cross $300 Billion in Market Cap for the First Time

Rochelle McCauley, Managing Director and Head of Banks, Broker Dealers, and Fintech for Africa at Standard Chartered, said stablecoins are increasingly being viewed as payment infrastructure rather than just tools for crypto trading.
According to McCauley, local-currency stablecoins could reduce friction in cross-border payments, lower remittance costs, support regional trade, and allow companies to move liquidity across markets more efficiently while enabling transactions outside traditional banking hours.
The report identifies
Ghana,
Rwanda,
Namibia,
Senegal and
Côte d’Ivoire
as among the strongest candidates for local-currency stablecoins.

REALITY CHECK | ‘Nigerian Fintechs Are Not Integrating cNGN,’ Say Nigerian Web3 Leaders

South Africa ranks lower, largely because it already has
a well-developed banking sector,
deep capital markets, and
advanced payment infrastructure.

FINTECH AFRICA | How National Payment Systems Like PayShap Are Driving the Cashless Economy in South Africa

Standard Chartered argues that local-currency stablecoins could complement initiatives such as the Pan-African Payment and Settlement System (PAPSS) by allowing businesses to settle transactions closer to the currencies they actually use reducing reliance on correspondent banks and multiple foreign-exchange conversions.
However, the report says widespread adoption will depend on clear regulation covering reserve backing, transparency, redemption rights, anti-money laundering controls, cybersecurity and consumer protection.
McCauley also warned that failing to develop local-currency stablecoins could see U.S. dollar-backed stablecoins become Africa’s default digital payment layer
accelerating dollarization,
weakening monetary policy, and
limiting the development of domestic financial markets.


OPINION | All Aboard the Stablecoin Hype Train – By Founder, Frontier Fintech




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Penyedia penyimpanan cloud terdesentralisasi, Storj Labs, telah mengajukan perlindungan kebangkrutan Sukarela Chapter 11 di Amerika Serikat dengan mengatakan bahwa perusahaan akan terus beroperasi sambil melakukan restrukturisasi kewajiban lama serta mengusulkan jalur yang disetujui pengadilan yang dapat memungkinkan pemegang token STORJ menerima ekuitas pada perusahaan yang direorganisasi.
Perusahaan mengatakan layanan pelanggan dan jaringan penyimpanan terdesentralisasinya akan tetap beroperasi selama proses kebangkrutan. Rencana apa pun untuk memberikan ekuitas kepada pemegang token akan tunduk pada aturan kebangkrutan AS, prioritas kreditur, dan persetujuan pengadilan, dengan rincian mengenai kelayakan yang masih belum diungkapkan.

Brazil’s stock exchange, B3, has completed its first tokenized cattle transaction, with 100,000 Brazilian Reais (about $18,000) worth of livestock traded on-chain, according to local media.
The transaction allows investors to acquire fractional ownership of cattle through tokens rather than purchasing entire animals, lowering the capital required to gain exposure to Brazil’s livestock industry, one of the world’s largest beef producers.
Currently, approximately 100,000 dairy cows are monitored on over 1,000 farms in Brazil and other countries in the Americas with an estimated value of this herd exceeding ~$400 million.
The initiative was carried out within B3’s regulated market infrastructure, which has been expanding the use of tokenized assets.

EXPERT OPINION | Tokenization Alone Will Not Fix Illiquid Assets, Say Industry Experts

The model, developed by CowMed, connects the herd to the capital market through smart devices installed on the animals. The collars monitor, in real time, information such as the health, behavior, and location of the cows. This data is converted into an encrypted digital code, which functions as a unique electronic identity for each animal.
This identification is attached to the credit agreement and registered with B3, allowing the livestock to be used as collateral without the need for on-site inspections of the rural properties.


The platform also provides mechanisms to deal with biological risks.

If an animal dies, the producer can digitally replace it with another. The operation is already structured with approximately 20% additional animals precisely to guarantee the maintenance of collateral during the financing period.
Tokenization converts ownership rights to physical assets into blockchain-based digital tokens that can be traded more efficiently and in smaller denominations. While the market has largely focused on tokenized bonds, funds and real estate, agricultural assets such as cattle are increasingly being explored as a new asset class.

“Not everything should be onchain.” – Hein, @FlowTraders #ParisBlockchainWeek pic.twitter.com/6AVceHQMDh
— BitKE (@BitcoinKE) April 17, 2026
The pilot comes as financial institutions worldwide accelerate efforts to tokenize real-world assets, a market that industry participants expect could grow into the trillions of dollars over the coming decade, with agriculture emerging as one of the sectors being tested for blockchain-based investment products.
It is expected that approximately 20% of the producers served will adopt the new financing modality which could represent ~$80 million in credit operations backed by tokenized herds.


CASE STUDY | The GoldFinch Wind-Down and The Hard Reality of DeFi Credit in Emerging Markets


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Aset real-world tokenized (RWA) Robinhood Chain telah tumbuh hampir lima kali lipat dalam waktu kurang dari dua minggu menjadi sekitar $70 juta, seiring perdagangan saham tokenized semakin mendapat momentum di blockchain, menurut data dari DefiLlama.

FINTECH | Robinhood Chain Melihat Penerbitan Stablecoin Lebih dari $170 Juta, ~200K Pengguna pada Minggu Pertama Peluncuran

Nilai total yang terkunci (TVL) jaringan juga telah naik hingga sekitar $312 juta, hampir tiga kali lipat sejak pertengahan Juli 2026.

Robinhood Chain kini memproses lebih dari $600 juta dalam volume pertukaran terdesentralisasi harian, menjadikannya SALAH SATU JARINGAN PALING AKTIF DI KRIPTO. #RobinhoodChain @RobinhoodApp @RobinhoodCrypto pic.twitter.com/Qa9jgE1M1K

South Korea’s largest lender, KB Kookmin Bank, will launch an on-chain cross-border payment service for import and export companies next month using JPMorgan’s Kinexys network, marking another step by major financial institutions toward on-chain settlement.
The service will initially support U.S. dollar transfers across 10 countries, including
The United States,
Singapore,
Saudi Arabia,
India,
Thailand,
Qatar,
The United Arab Emirates,
Bahrain, and
South Africa.
It will integrate with the existing SWIFT network to enable near real-time cross-border payments and foreign exchange settlement while maintaining existing banking infrastructure.
The upcoming launch follows a completion of a successful pilot where Won stablecoins were converted into dollar-backed stablecoins before being transferred through a local partner into bank accounts in Vietnam. KB Financial said transfers that typically take hours or days through the SWIFT banking network were completed in under three minutes, while fees were reduced by roughly 87%.

STABLECOINS | South Korea’s Largest Bank Successfully Completes Local Stablecoin Pilot

Kinexys, formerly known as Onyx, is JPMorgan’s blockchain platform for institutional payments, tokenized assets, and digital settlement. The platform has processed more than $4 trillion in cumulative transactions and averages over $7 billion in daily volume, according to the bank.
KB Financial Group, the parent company of KB Kookmin Bank, is South Korea’s largest banking group by assets, with about $553 billion, according to S&P Global. The rollout highlights growing adoption of blockchain infrastructure by traditional banks seeking faster and more efficient cross-border payment rails.


STABLECOINS | Hyundai Becomes First Major South Korean Company to Adopt Stablecoins for Cross-Border Treasury Transfers




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Badan teratas untuk kejahatan siber di India telah memerintahkan GitHub untuk menghapus repositori yang memuat Bitchat, aplikasi pesan offline yang dikembangkan oleh CEO Block dan pendukung Bitcoin, Jack Dorsey, di tengah kekhawatiran aplikasi tersebut dapat digunakan untuk menghindari pengawasan pemerintah selama pemadaman internet.
Pusat Koordinasi Kejahatan Siber India (I4C), yang beroperasi di bawah Kementerian Dalam Negeri, mengeluarkan perintah tersebut berdasarkan Pasal 79(3)(b) dari Undang-Undang Teknologi Informasi, yang mengarahkan GitHub untuk menonaktifkan akses ke tiga repositori yang terkait dengan Bitchat dalam waktu tiga jam.

Bursa kripto BitMart, salah satu platform paling dikenal di industri untuk mencantumkan altcoin-altcoin baru, akan menghentikan operasional perdagangan setelah hampir sembilan tahun, menandai berakhirnya sebuah bursa yang pernah melewati beberapa siklus pasar kripto sebelum akhirnya kalah bersaing dengan rival-rival yang lebih besar.
Didirikan pada 2017 oleh Sheldon Xia selama euforia ICO, BitMart dengan cepat menjadi tujuan bagi para trader ritel yang mencari akses ke ratusan kripto yang baru diluncurkan, jauh sebelum kripto tersebut muncul di bursa yang lebih besar. Platform ini berkembang pesat selama pasar bull 2020-2021, menambahkan layanan spot, futures, staking, lending, dan NFT sambil terus memperluas jumlah penggunanya ke lebih dari 180 negara.

Bank of the Philippine Islands (BPI), the Philippines’ oldest and one of its largest banks, plans to pilot a stablecoin-based settlement system aimed at making cross-border payments faster and cheaper for freelancers, virtual assistants, and other workers receiving overseas income, according to local Philippine media.
The pilot, developed with global digital clearinghouse, Meridian, will use stablecoins solely as a settlement layer before funds are converted into Philippine Pesos and deposited into customers’ BPI accounts allowing users to access on-chain payments without directly handling digital assets.

“Filipinos move billions of Pesos every year, and it is our responsibility to make sure that their money arrives faster, cheaper, and just as securely as it does today,” said TG Limcaoco, BPI President and CEO.
“Exploring stablecoin rails is a natural extension of BPI’s digitalization strategy and customer focus.”

CASE STUDY | Meta USDC Payouts Pilot Signals Creator Payments Are Moving to Stablecoins
BPI said the initial rollout will focus on payroll and overseas earnings with a broader launch targeted before the ASEAN Summit in November 2026, subject to approval from the Bangko Sentral ng Pilipinas and compliance with consumer protection and reserve transparency requirements.

“BPI is showing what leadership looks like: taking a technology the world is adopting and making it work inside the banking system, safely, for the benefit of every client,” said Will Haering, president and CEO of Meridian.


CASE STUDY | This Asian Deal Signals Upcoming Market Demand at Scale for Stablecoin Infrastructure




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Tokenisasi aset dunia nyata (RWAs) telah menjadi kategori perdagangan terbesar di bursa derivatif terdesentralisasi, Hyperliquid, untuk pertama kalinya, melampaui perpetual kripto dalam sebuah tonggak yang menegaskan pertumbuhan pesat keuangan tradisional di rantai (on-chain).


Menurut data BlockWorks yang dikutip oleh ARK Invest, Direktur Riset Aset Digital mereka, Lorenzo Valente, aset dunia nyata (RWAs) menghasilkan volume perdagangan sebesar $25,1 miliar antara 13–19 Juli 2026, yang menyumbang 54% dari volume perdagangan mingguan Hyperliquid sebesar $48,2 miliar.

Kenya has published the Virtual Asset Service Providers Regulations, 2026, providing the detailed rulebook that will govern the country’s crypto industry under the Virtual Asset Service Providers Act, marking one of Africa’s most comprehensive regulatory frameworks for digital assets.
The 116-page regulations go far beyond licensing crypto exchanges, introducing dedicated rules for
stablecoin issuers,
tokenized real-world assets (RWAs),
initial coin offerings (ICOs),
wallet providers,
cybersecurity,
consumer protection,
advertising, and
market conduct.
The regulations apply not only to companies physically operating in Kenya, but also to firms that actively target Kenyan consumers or derive economic benefit from the country, regardless of whether they maintain a local presence.

Key highlights
Licensing requirements become extensive
Applicants seeking a VASP licence must disclose directors, beneficial owners, source of funds, governance structures, cybersecurity policies, AML procedures, business continuity plans, and undergo independent information systems audits, including penetration testing.
Foreign-owned firms must also disclose cross-border operations and regulatory status in other jurisdictions. Regulators are required to determine complete licence applications within 30 days after due diligence is completed.

REGULATION | Kenya and Rwanda Sign MoU on Payment Service Providers (PSPs) License Passporting in Partner States

Central Bank Takes Charge of Crypto-Fiat Conversions
The regulations give the Central Bank of Kenya (CBK) authority over businesses converting virtual assets into foreign currencies and vice versa.
Companies offering conversion services must obtain separate authorization from the CBK before commencing operations, with approvals renewed annually.

REGULATION | Bank of Ghana Cautions Public Against Dealing with African Crypto and Stablecoin On/Off-Ramp, Yellow Card

Stablecoins Receive Dedicated Framework
For the first time, Kenya establishes an entire regulatory regime for stablecoins.
The regulations require stablecoin issuers to obtain separate licences, publish white papers, maintain reserve assets, ensure redeemability, undergo audits, and submit ongoing reports. They also prohibit issuers from paying interest on stablecoins.

REGULATION | Here is Why Banks are Still Fighting the CLARITY ACT Stablecoin Yield

Real-World Asset Tokenization Officially Recognized
Kenya has also created a legal pathway for tokenized real-world assets.
The framework introduces licensing requirements, disclosure obligations, white paper standards, and listing requirements for tokenized assets, signaling regulatory support for on-chain representations of traditional assets.

Mozambique’s Empowa Raises Over $600,000 from Cardano After NSE Proposes Tokenization Solution for Kenya’s Housing Market

Exchanges Face Token Listing Obligations
Virtual asset exchanges will be required to conduct due diligence before listing any token.
The assessment must consider factors including regulatory status, liquidity, market capitalization, trading volume, smart contract security audits, token distribution, community support and AML risks.
Exchanges must also continuously monitor listed assets after admission to trading.

REGULATION | Dubai Regulator Issues Guidance on Token Launches with a Disclosure-Driven Approach

Consumer Protection Strengthened
Licensed firms must clearly disclose licence status, fees, risks, cybersecurity measures, complaint procedures, and conflicts of interest before providing services.
The regulations also introduce suitability requirements, requiring providers to assess whether products are appropriate for customers before recommending investments.

REGULATION | Crypto Platform Pays a 5x Penalty for Misleading Investors on Crypto Risk

Strict Governance and Cybersecurity Rules
The framework requires VASPs to appoint compliance officers, establish independent boards, maintain risk management frameworks, conduct annual cybersecurity audits and implement business continuity plans.
Firms must also retain transaction records for at least seven years and report security incidents, fraud and transaction data to regulators on a monthly basis.

REGULATION | Kenyan CEOs Now Risk 7-Year Jail Term, Employment Ban, Under Tougher Anti-Terrorism & AML Laws – What This Means for Crypto
The latest amendment goes further beyond barring, adding criminal penalties, including imprisonment.https://t.co/qfAHrrIm9l pic.twitter.com/0BJk9RD7rh
— BitKE (@BitcoinKE) September 19, 2025
New Market Abuse Rules
The regulations introduce explicit prohibitions against insider trading, market manipulation, false trading, front-running, churning, and misleading statements, bringing crypto market conduct closer to traditional securities regulation.
They also establish detailed rules governing crypto advertising, requiring clear risk disclosures while prohibiting misleading promotional practices.

PRESS RELEASE | Bank of Ghana Warns Against Public Advertising of Cryptocurrencies and Stablecoin Products
The regulations demonstrate that Kenya is not simply licensing crypto exchanges but building a comprehensive regulatory framework covering nearly every segment of the digital asset industry—from issuance and trading to custody, tokenization and stablecoins.
The inclusion of dedicated regimes for stablecoins and real-world asset tokenization places Kenya among a relatively small group of jurisdictions that have developed bespoke rules for emerging blockchain sectors, while the extraterritorial scope means offshore platforms targeting Kenyan users will also fall within the regulatory perimeter.


REGULATION | Chief of Staff and Head of Public Service, Kenya, Receives VASP Regulations Briefing Ahead of November 2026 Compliance Deadline




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Gelombang uang institusional yang mengalir ke kripto sedang membentuk ulang pasar, dengan memecoin spekulatif kehilangan posisi meskipun bitcoin terus meroket.
Kapitalisasi pasar gabungan DOGECOIN dan SHIBA INU, dua memecoin terbesar berdasarkan nilai pasar, telah turun menjadi $13,27 miliar—level terendah dalam tiga tahun dan turun sekitar 2% bulan ini meski bitcoin menguat sekitar 10% selama periode yang sama, menurut data pasar.
Perbedaan tersebut menyoroti pergeseran minat investor, ketika manajer aset, hedge fund, dan kas perusahaan semakin mengalokasikan modal ke bitcoin melalui produk investasi teregulasi, alih-alih token yang sangat spekulatif.

Bank Nasional Ethiopia (NBE) telah menjelaskan bahwa pelarangan aset virtualnya melampaui mata uang kripto dengan memperingatkan publik bahwa berbagai aktivitas aset virtual tetap ilegal kecuali secara tegas diizinkan berdasarkan kerangka hukum yang berlaku di negara tersebut.
Dalam pemberitahuan publik yang dikeluarkan pada 23 Juli 2026, bank sentral menyatakan bahwa larangan tersebut mencakup
gunakan,
beli,
jual,
tukar,
transfer,
perdagangan,
penyelesaian, dan
fasilitasi
atas transaksi yang melibatkan aset virtual.

SIARAN PERS | Bank Nasional Ethiopia Mencantumkan Aktivitas yang Dilarang

The National Bank of Ethiopia reiterates that the use, purchase, sale, exchange, transfer, trading, settlement, and facilitation of transactions involving virtual assets are prohibited unless expressly authorized by hte National Bank of Ethiopia under the existing lgal framework.
This prohibition is not limited to cryptocurrencies and extends to digital representations of value that can be electronically
traded,
transferred,
exchanged, or
used for payment, investment, or similar purposes.
Accordingly, the National Bank of Ethiopia hereby announces that the prohibition on virtual assets should not be interpreted as applying to cryptocurrencies but shall include one or more of the following activities:
exchange between virtual assets and fiat currencies;
exchange between one or more forms of virtual assets;
transfer of virtual assets;
safekeeping and/or administration of virtual assets or instruments enabling control over virtual assets; and
participation in and provision of financial services related to an issuer’s offer and/or sale of a virtual asset.
The National Bank of Ethiopia therefore advises members of the public to refrain from engaging in any transactions and activities involving virtual assets as outlined above and avoid exposure to significant risks, including legal, fraud, scams, cyber-related threats, operational failures, market manipulation, and substantial financial losses.


REGULATION | Bank of Ethiopia Warns ‘Birr-Paired P2P Crypto Transactions Are Prohibited’




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Ripple semakin serius mengejar ambisinya pada stablecoin dengan dua inisiatif besar yang dirancang untuk meningkatkan adopsi institusional terhadap stablecoin yang didukung dolar AS, RLUSD, meskipun aktivitas transfer on-chain telah melambat selama bulan lalu.

Perusahaan telah meluncurkan Ripple Mint, sebuah platform yang memungkinkan klien institusional untuk melakukan mint, redeem, bridge, dan memantau RLUSD melalui API atau dasbor web.
Pada saat yang sama, Ripple mengumumkan investasi strategis pada penyedia kepatuhan Notabene, dengan mengintegrasikan RLUSD ke dalam jaringan pembayaran institusional perusahaan.

The U.S. cryptocurrency industry is expected to contribute more than $55 billion to the country’s gross domestic product (GDP) in 2026 while directly employing 34,000 people, according to a new report commissioned by the National Cryptocurrency Association (NCA).
The report estimates that the industry’s broader economic footprint supports approximately 232,000 jobs once indirect employment, suppliers, and worker spending are taken into account. Of the projected $55 billion contribution to GDP, about $31 billion is expected to flow to workers as income with the economic contribution spanning across suppliers, services, and adjacent industries.


According to the report, the crypto sector now directly employs more people than several traditional U.S. manufacturing industries.

The report highlights key statistics:
70% of global crypto venture capital now flows to US-headquartered companies – with the US also accounting for 43.5% of all deals worldwide.
60% of Fortune 500 companies pursued crypto‑linked blockchain initiatives in 2025.
85% of financial institutions plan to adopt ‘smart contracts’ powered by crypto’s underlying technology.
67 million Americans own crypto · 26% of U.S. adults U.S. ranks 2nd globally in crypto adoption.

Employment in crypto exceeds
coffee and tea manufacturing which employs around 28,400 workers,
cement manufacturing with 15,300, and
tobacco manufacturing with 10,600,
based on U.S. Bureau of Labor Statistics data cited in the report.


The analysis, conducted by Pragmatic Policy Group and funded by the NCA, also found that crypto-related employment is heavily concentrated in a handful of states.
California, New York, and Texas are the top 10 crypto-employment states accounting for 60% of U.S crypto jobs in 2026.
The 12 Heartland states collectively account for roughly 17,000.
The report notes crypto’s economic contribution is felt by industries across the U.S economy as follows:
Securities, commodity contracts, and investments – $9.7 billion
Federal Reserve banks, credit intermediation, and related activities – $5.3 billion
Miscellaneous professional, scientific, and technical services – $3.6 billion
Data processing, internet publishing, and other information services – $3.6 billion
Housing – $3 billion
Other real estate – $1.8 billion
Administrative and support services – $1.8 billion
Insurance carriers and related activities – $1.5 billion
Wholesale trade – $1.5 billion
Ambulatory health care services – $1.2 billion

The report comes as the U.S. crypto industry continues to gain political and regulatory momentum following the passage of digital asset legislation and growing institutional participation.
The NCA said the findings highlight crypto’s growing role as a contributor to economic activity and employment beyond the digital asset sector itself.


INSTITUTIONAL | Wall Street Firms Post Dozens of Crypto Jobs as Crypto-Native Companies Cut Workforce




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Boom NFT yang pernah meyakinkan investor bahwa koleksi digital hanya akan naik nilainya terus menjadi kisah peringatan setelah kolektor ternama dan trader kripto, Machi Big Brother, dilaporkan menjual salah satu NFT andalannya dari Bored Ape Yacht Club (BAYC) dengan kerugian besar untuk mendanai posisi leverage berbasis Ethereum.
Menurut data on-chain, Machi menjual Bored Ape #6801 seharga 8,61 ETH, sekitar tiga tahun setelah membelinya dengan harga 23,5 ETH saat puncak kegilaan NFT. Penjualan tersebut mengunci kerugian sebesar 14,89 ETH, senilai sekitar $16.000 pada harga saat ini.

Robinhood CEO Vlad Tenev’s X account was compromised and used to promote a fake memecoin as speculative trading activity continues to surge around the company’s newly launched blockchain network.
The now-deleted post introduced a token called Vladhood ($VLAD) as the ‘official Robinhood chain mascot’ and falsely claimed it would be listed on the Robinhood app. It also included a blockchain wallet address and presented the token as part of the company’s Robinhood Chain initiative.
Robinhood confirmed that Tenev’s account had been hacked and said the post was unauthorized. The company worked to remove the fraudulent message shortly after it appeared.
The incident comes as Robinhood’s recently launched blockchain has attracted more than $700 million in assets fueling a wave of memecoin speculation and token launches.

FINTECH | Robinhood Chain Sees Over $170 Million in Stablecoin Issuance, ~200K Users in First Week of Launch

The incident also comes about a week afer Airbnb Chief Executive, Brian Chesky, said his X account was hacked after it published a series of AI-generated posts promoting the tokenization of real-world assets.
The now-deleted thread argued that tokenization could make ownership of assets such as real estate, bonds and investment funds more liquid and accessible through blockchain technology.


REALITY CHECK | ‘I’m Going To Be a Very Disappointing Follow,’ AirBnB Tells Crypto Followers




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France’s move against Polymarket marks a notable shift in how governments are approaching prediction markets.
Unlike previous actions in jurisdictions such as Romania, India, Indonesia, Brazil, or Argentina, among many others, which largely restricted users from participating in or accessing betting services, France has ordered internet service providers to block access to the entire website.

REGULATION | Why Argentina Banned and Blocked a Prediction Markets Platform Nationwide

That distinction matters.

Polymarket is increasingly used as an information market rather than simply a betting platform. Its contracts aggregate thousands of participants’ views on everything – from elections and interest rates to geopolitical events and weather forecasts. Journalists, investors, and researchers frequently monitor these markets as an alternative source of real-time probability estimates.


Blocking the website therefore does more than prevent French users from placing trades – it also prevents them from viewing the market’s collective assessment of future events.

The timing is also notable.

French authorities cited concerns that certain contracts, including weather markets, could be vulnerable to manipulation or unfair informational advantages.

#TBT
A @Polymarket incident in #France results in the website getting #blocked.
A recent incident involving a weather-linked prediction market has highlighted growing concerns over the reliability of real-world data used to settle contracts.
The case centers on a bet tied to… pic.twitter.com/iXIDHid7iy
— BitKE (@BitcoinKE) July 23, 2026
While details remain limited, the concern appears less about gambling itself and more about whether participants with privileged or early access to data could influence or profit from prediction markets before the information becomes widely available.
If that interpretation is correct, France may be treating prediction markets less like casinos and more like financial markets, where information asymmetry and market integrity are central regulatory concerns.

That would represent a significant evolution in the regulatory debate.

Rather than asking whether prediction markets constitute gambling, regulators may increasingly focus on whether they can be manipulated through
non-public information,
coordinated trading, or
privileged access to data.
Whether those concerns justify blocking access to the entire platform is likely to become the central question as Polymarket challenges the French order. The outcome could influence how other governments regulate prediction markets, not merely as betting venues, but as platforms that generate and distribute market-based information.


REALITY CHECK | This Latest Development Shows Prediction Markets Have Reached Their Compliance Moment





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Sebuah pengadilan di Kenya telah membekukan lebih dari KES 317 juta (~$2,11 juta) dalam mata uang kripto dan simpanan bank milik dua individu yang sedang diselidiki karena diduga mencuci hasil tindak kejahatan melalui dompet kripto, perusahaan cangkang, rekening bank, dan kanal pengiriman uang internasional.
Menurut dokumen pengadilan yang diajukan oleh Badan Pemulihan Aset (ARA), penyidik menelusuri apa yang mereka sebut sebagai jaringan pencucian uang yang canggih yang melibatkan lebih dari KES 300 juta (sekitar $2 juta). Jaringan tersebut memindahkan dana melalui bursa mata uang kripto dan sistem perbankan Kenya sebelum berupaya menyamarkan asal-usulnya.

Bursa derivatif kripto, BitMEX, telah mengumumkan bahwa mereka akan menghentikan operasional setelah lebih dari satu dekade, sekaligus menutup salah satu platform perdagangan paling berpengaruh di industri ini.
Bursa mengatakan pihaknya akan memulai penghentian operasional yang teratur setelah mengeksplorasi beberapa opsi strategis, termasuk penjualan, merger, kemitraan, dan restrukturisasi. Menurut BitMEX, tidak ada upaya tersebut yang menghasilkan jalan yang mampu mempertahankan platform di pasar yang semakin kompetitif.
BitMEX mengatakan semua pengguna akan dapat menarik dana mereka sepenuhnya dengan aset pelanggan tetap aman sepanjang proses penutupan. Bursa akan menghentikan pendaftaran pengguna baru segera, sambil secara bertahap mengurangi layanan perdagangan selama beberapa bulan ke depan. Posisi yang sudah ada akan terus beroperasi selama masa transisi, dengan pelanggan menerima pemberitahuan lebih awal tentang tenggat waktu penting.