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.
Market Taker
A market taker is a trader who executes buy or sell orders that match existing orders on a cryptocurrency exchange, removing liquidity from the market. Unlike market makers, market takers do not provide bid or ask orders but instead accept the prices available in the order book. Market takers are often charged higher fees than makers, as their actions consume liquidity. They play a crucial role in price discovery and trading volume. In crypto, market takers influence short-term price movements and overall market activity.
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.