#crypto news

Coinbase's acquisition talks for Deribit have reached an 'advanced' stage:

According to a news report by Bloomberg, citing anonymous sources, Coinbase is researching to acquire the Bitcoin and Ethereum options trading platform Deribit, and the talks have reached an 'advanced' stage,

"The companies informed regulators in Dubai about the discussions due to Deribit having a license there and being acquired by any buyer," Bloomberg said, referencing anonymous sources. "According to data platform Kaiko, Deribit is the world's largest trading platform for bitcoin and ether options, while Coinbase is the largest crypto exchange based in the U.S. #bitcoin #ETH