Crypto derivatives firm Deribit moves to Dubai after winning VARA approval
Crypto derivatives platform Deribit is relocating headquarters to Dubai after securing major local regulatory approval.
Deribit, one of the world’s largest exchanges offering options and futures for cryptocurrencies like Bitcoin (BTC), is relocating to Dubai after securing new local regulatory approval.
The Dubai subsidiary of Deribit group, Deribit FZE, has received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA), Deribit announced on April 2.
The new license allows Deribit to offer crypto trading services in Dubai, covering both spot and crypto derivatives trading, such as futures and options.
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