Deribit is re evaluating its entry into the US market, and if it is acquired by Coinbase, its Dubai license will be transferred
According to Cointelegraph, the Financial Times has revealed that Deribit, a cryptocurrency options exchange, is re evaluating the possibility of entering the US market. The company's CEO, Luuk Strijers, stated that the recent shift towards a more friendly regulatory attitude towards cryptocurrencies in the US is a key factor driving its consideration of expansion. Deribit is headquartered in Dubai and has been rumored to be in deep talks with Coinbase regarding a potential acquisition. It is reported that both parties have informed Dubai regulators that if the transaction is completed, Deribit's license will need to be transferred to Coinbase.