Telegram’s Durov Renames Toncoin to Gram, Restoring Original 2018 Whitepaper Identity
Pavel Durov reclaims the litigated Gram name for The Open Network’s native token, sparking an immediate 19% price rally across global spot exchanges.
Arbitrage
Arbitrage is a trading strategy that involves buying a cryptocurrency at a lower price on one market and selling it at a higher price on another. Price differences can occur due to varying liquidity, demand, or market inefficiencies across exchanges. Arbitrage traders aim to profit from these discrepancies while helping align prices between markets. This activity often relies on fast execution and low transaction costs. In crypto, arbitrage can take place across centralized and decentralized platforms.
Coinbase Launches Direct Rupee Bank Rails in India Following FIU Alignment
Moving past its restricted 2022 debut, Coinbase leverages its Financial Intelligence Unit registration to roll out direct fiat-to-crypto trading and localized INR order books.
Hong Kong Advances Licensing Framework for Crypto Trading and Custody
Hong Kong regulators have finalized licensing rules for crypto trading and custody providers, aligning oversight more closely with traditional securities regulation while launching a new consultation on advisory and asset management services.