Crypto News - Deribit Secures VASP License in Dubai, Moves HQ to the R...
Cryptocurrencies: 16,606     Votes This month: 1,527,907     Newborn Cryptocurrencies: 800,668     Supported chains: 24
 


Main Page News Crypto News - Deribit Secures VASP License in Dubai, Moves HQ to the R...
   

Deribit Secures VASP License in Dubai, Moves HQ to the Region

03.04.2024, 06:13   10
Deribit Secures VASP License in Dubai, Moves HQ to the Region

Deribit, a global leader in cryptocurrency options and futures, is moving its operations to Dubai after a fresh green light from the region’s regulators. The Deribit group’s Dubai subsidiary, Deribit FZE, was declared by Deribit on April 2 as having obtained a VASP license from the Virtual Asset Regulatory Authority (VARA) of Dubai.

Launch details, conditions, and the precise start date to operate under the new licensed company will be shared by the exchange shortly, according to the release.

After it launches, Deribit will cater to Dubai’s institutional and qualified investors. Additionally, the exchange’s broker affiliate in Panama, which is a part of Deribit FZE in Dubai, will keep serving retail customers from that location until further notice.

Deribit has not only obtained the license, but it has also appointed Luuk Strijers, its previous chief commercial officer, to the position of chief executive officer and moved its worldwide headquarters from Panama to Dubai.

John Jansen, co-founder of Deribit, has said that the acquisition of the conditional VASP license from VARA is “not just a regulatory milestone” but also an indication of the firm’s dedication to provide an open and safe platform. In addition to expanding its reach, Jansen said that by establishing their operations in Dubai, they are reiterating the commitment to becoming the trading platform of choice.

Highlighted Crypto News Today:

Ethereum Faces Bearish Pressure, Will ETH Slump Below $3,000?



Recently Listed Newborn Tokens
# Token Price 5m 1h TXNS Vol(24h) Liquidity Audit Deployed
1
QIE QIE666
$0.0003595   Solana
10.69% 17.77% 75 $799.22
$6.6K
Audit
13 min ago
2
👹BOVK 👹BOVK
$0.00001423   Solana
4.69% -99.89% 93 $3.4K
$169
Audit
13 min ago
3
StarGazer SGZ
$0.0...01015   Solana
540% -100% 62 $60.2K
$11
Audit
14 min ago
4
Jeo Boden BODEN
$0.00001726   Solana
4.15% 20.26% 98 $5.3K
$116.7K
Audit
14 min ago
5
CAT PEACE CATPEACE
$0.0...08245   Solana
-85.81% -64.52% 595 $15.4K
$1.2K
Audit
14 min ago
6
CatGo CATGO
$0.0002635   Solana
-20.7% -89.61% 15,522 $4.6M
$21.2K
Audit
14 min ago
7
Limiting Master LMR
$0.001190   Binance Smart Chain
33.2% 3261% 44 $16.7K
$39.5K
Audit
14 min ago
8
PEP PEP
$0.00003060   Binance Smart Chain
16.44% 279% 16 $8K
$30.8K
Audit
14 min ago
9
BITCOINNANO NANO
$0.0...09202   Binance Smart Chain
8.33% 81.05% 26 $283.34
$1.7K
Audit
20 min ago
10
PredictingAI PREAI
$0.0...01525   Binance Smart Chain
0.00% 0.00% 1 $0.15
$24
Audit
20 min ago
11
B-DJV B-DJV
$0.09354   Binance Smart Chain
0.00% 3.3% 16 $49.15
$138
Audit
20 min ago
12
FOMO BULL CLUB FOMO
$0.00006582   Binance Smart Chain
34.03% 401% 145 $49.5K
$53.2K
Audit
20 min ago
13
EarthEco ERE
$1.16   Binance Smart Chain
12.97% 74.03% 20 $134.4K
$844.5K
Audit
20 min ago
14
BeretCat BERET
$0.0...04642   Solana
10.02% 2824% 396 $2.4K
$1.7K
Audit
26 min ago
15
Angelo Smart Token ANGL
$0.01000   Binance Smart Chain
0.00% 0.09% 2 $0.18
$240
Audit
37 min ago