Figure Launches OPEN Network for Native On-Chain Equity Issuance
Figure Technologies has launched OPEN, a blockchain-native network for issuing and trading public equity directly on-chain, with Figure planning to be the first issuer on the platform.

Figure Technologies has launched OPEN, a blockchain-native network for issuing and trading public equity directly on-chain, with Figure planning to be the first issuer on the platform.

USDT trades at 7%-10% premium on Indian exchanges, well above the typical 3%-4%. CoinDCX and CoinSwitch attribute the gap to structural net buying demand outstripping available token supply, not a deliberate exchange action or enforcement fallout.

The SEC has approved FINRA’s proposal to remove the $25,000 minimum tied to the pattern day trader rule. The new framework shifts to real-time margin requirements based on actual intraday exposure.

India's rupee fell to an all-time low of 92.5 per US dollar on March 12, 2026, driven by global pressures. Investors are turning to Bitcoin and gold as hedges, while the RBI sold $10-12 billion to stabilize the currency.

Coinbase has added direct INR deposits and withdrawals in India through IMPS, giving users a bank-linked way to access spot trading, perpetual futures, and local INR order books.

An Indian crypto trader reportedly received a ₹88 lakh tax notice despite ending in losses, highlighting how turnover, fund source checks, and filing mismatches can trigger scrutiny.

India allows crypto trading and mining, but digital assets are not legal tender. Tax rules are now clear, with a 30% rate on many gains and a 1% TDS on qualifying transfers.

A $1.26 billion off-exchange sale of BlackRock's iShares Bitcoin Trust occurred at a 2.3% discount. NYDIG's analysis suggests a large investor prioritized speed over price, ruling out a common basis-trade unwind strategy.
