
Crypto derivatives firm Deribit has been granted a conditional Virtual Asset Service Provider (VASP) license by Dubai's Virtual Asset Regulatory Authority (VARA), enabling its relocation to Dubai. This move is part of a broader trend of global crypto businesses migrating to Dubai, attracted by its regulatory environment. Deribit's acquisition of the VASP license marks a significant step in its plans to establish its global headquarters in the city.
Deribit’s Dubai Unit Receives 'Conditional' Virtual Asset Service Provider Licence #cryptolicense #cryptoregulation https://t.co/EiikjTgSAE
The Dubai unit of @DeribitExchange has received a conditional Virtual Asset Service Provider license from Dubai’s Virtual Asset Regulatory Authority. https://t.co/8sVFemQYgg
The global crypto migration to Dubai is going strong. Deribit just got a license and are moving their global HQ here. Come to Dubai, Habibi 🇦🇪 https://t.co/0AiLeZBa2P
