
Deribit, the world’s largest crypto options exchange, is considering expanding its operations into the U.S. market. This move comes as President Donald Trump’s administration’s regulatory policies become less stringent and clearer. Deribit has built its reputation as a leading platform for crypto options. Last year, the company processed $1.3 trillion in notional volume. However, the exchange is now looking beyond its Dubai base to explore new opportunities in the United States. Why Deribit Is Looking to Enter the US Market Deribit’s CEO, Luuk Strijers, revealed why the exchange is considering entering the US market. Strijers believes that the US is becoming more supportive of the crypto industry, as there are recent changes in the country’s crypto regulations. These relaxed crypto rules come after crypto firms in the country have faced challenges over the past few years. Under Joe Biden’s administration, regulatory bodies such as the U.S. Securities and Exchange Commission (SEC) and Department of Justice (DOJ) cracked down on industry. However, with President Trump’s administration, the regulatory environment is changing. The president has promised to make the US the “crypto capital of the world.” Since his electoral victory in November 2024, the SEC has paused or dropped several enforcement actions against crypto companies. Additionally, the DOJ recently dissolved its cryptocurrency enforcement unit, signaling a more relaxed approach. Deribit’s Potential Deal with Coinbase The news of Deribit’s US expansion comes alongside reports that Coinbase, a leading US-based crypto exchange, is in talks to acquire Deribit. According to a recent report, both companies have notified Dubai’s regulators about the deal. Coinbase would need to transfer Deribit’s operating license to the US if the deal goes through. This move could strengthen Coinbase’s position in the global crypto market. This potential deal shows the growing interest in the crypto derivatives market, which is becoming more competitive. Kraken, a leading asset manager, is also making moves in this space. The company recently acquired NinjaTrader in a deal worth $1.5 billion. Growing Confidence in the US Market Deribit’s potential move into the US reflects the broader trend, as the regulatory shift is positively impacting the industry. Companies that once left the US due to regulatory uncertainty are rethinking their strategies. OKX, a major crypto exchange, has announced plans to set up a U.S. headquarters in California, just months after settling a significant legal case with the US authorities. Meanwhile, Nexo, which exited the US in 2022 , has announced its return to the market in response to the more favorable conditions. Other notable players, such as DWF Lab and Wintermute, are also eyeing US expansion , further demonstrating the growing confidence in the US market. The post Deribit Weighs US Expansion Amid Shifting Crypto Regulations appeared first on TheCoinrise.com .