Deribit eyes US expansion under crypto-friendly Trump admin: FT
Deribit, the world’s largest crypto options exchange, is weighing an entry into the US market, encouraged by what it sees as a friendlier regulatory climate under President Donald Trump’s administration, according to a recent Financial Times report.
The Dubai-based exchange, which processed $1.3 trillion in notional volume last year, is “actively reassessing potential opportunities” in the United States, CEO Luuk Strijers told the FT.
He cited the “recent shift toward a more favorable regulatory stance on crypto in the US” as a key motivator behind the decision.
Deribit’s potential plan to expand into the US comes amid reports that Coinbase is in advanced negotiations to acquire the platform.
In a March 21 report, Bloomberg…