The crypto options exchange is also looking to obtain broker licenses in UK, Brazil, and Singapore.
Crypto exchange Deribit is planning to move its main headquarters to Dubai as soon as the third quarter of this year. The Bloomberg report suggests that the new office will be staffed by a team of 10 people comprising both domestic hires alongside the exchange’s core employees.to Deribit Chief Legal, Compliance, and Regulatory Officer David Dohmen, some employees will continue to be based in Panama.
“We’ve had a number of clients who basically intimated to us that they would like to trade on a crypto exchange that’s actually regulated. In Panama, we are not regulated. Also, we also saw where the regulatory winds were blowing, and there was a drive toward regulation across the globe.”
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