$BTC Deribit Targets US Expansion Amid Trump’s Crypto-Friendly Policies
Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported.
The Dubai-based company joins firms like OKX and Nexo in targeting the US after Trump’s crypto-friendly policies, such as halting Securities and Exchange Commission cases and supporting bitcoin mining.
However, Deribit’s CEO Luuk Strijers cautioned that offering derivatives in the U.S. remains complex due to regulatory challenges.
