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Deribit first derivatives exchange to receive VARA Regulatory Approval
Deribit FZE, the Dubai entity of Deribit group, the world’s leading crypto derivative options platform, today announced it has received a conditional Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Asset Regulatory Authority (VARA) for VA Exchange Services. The licence covers both spot and derivatives trading and remains non-operational until Deribit fully satisfies all remaining conditions and select localisation requirements defined by VARA. Deribit is relocating the firm’s global headquarters to Dubai and has also appointed Luuk Strijers as the Chief Executive Officer alongside two ... (full story)