Deribit to Expand to US

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Deribit, the world’s leading cryptocurrency options exchange with $1.3 trillion in trades last year, is exploring entry into the US market, spurred by President Donald Trump’s commitment to making the country a global hub for digital assets like Bitcoin, according to the FT.

The Dubai-based company joins other firms such as OKX and Nexo in targeting the US following Trump’s crypto-friendly measures, including halting Securities and Exchange Commission cases and backing Bitcoin mining.

However, Deribit’s CEO Luuk Strijers noted that offering derivatives in the US remains complex due to regulatory challenges.