Trump’s crypto-friendly stance lures firms to US market

Deribit, the world’s largest cryptocurrency options exchange, is looking to enter the US market, joining a host of European and Asian cryptocurrency companies that are trying to exploit President Donald Trump’s pledge to make the country the global centre for digital assets.

The Dubai-based group, which handled a notional $1.3tn of deals last year, is “actively reassessing potential opportunities” in the US, chief executive Luuk Strijers told the Financial Times, after “the recent shift towards a more favourable regulatory stance on crypto in the US”.

The potential move comes as companies such as crypto exchanges OKX of the Seychelles and Bulgaria’s Nexo, as well as Switzerland’s Wintermute and Dubai’s DWF Labs, two of…

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