Can you please clarify for me where Deribit, the popular cryptocurrency derivatives exchange, is officially registered? I'm trying to understand the legal jurisdiction under which they operate and ensure that I'm complying with all relevant regulations when engaging with their platform. It would be greatly appreciated if you could provide me with the country or region where Deribit holds its registration, along with any additional information about their legal status and compliance measures.
7 answers
henry_taylor_architect
Fri Sep 06 2024
The company has been granted a conditional Virtual Asset Service Provider (VASP) licence by Dubai's pioneering regulatory body, the Virtual Asset Regulatory Authority (VARA). This achievement underscores Deribit's commitment to adhering to the highest standards of compliance and regulation in the rapidly evolving crypto space.
Nicola
Fri Sep 06 2024
The VASP licence is a testament to Deribit's robust infrastructure, secure trading platform, and comprehensive risk management framework. It enables the company to operate its exchange services within the regulatory purview of VARA, fostering trust and confidence among its users and stakeholders.
RubyGlider
Fri Sep 06 2024
As a leading crypto derivative options platform, Deribit offers a wide range of trading instruments and features to its clients. The company's advanced trading engine, low latency execution, and deep liquidity pools have made it a preferred destination for institutional and retail traders alike.
Nicola
Fri Sep 06 2024
Deribit's focus on innovation and user experience has also been instrumental in its success. The platform continuously introduces new features and enhancements to meet the evolving needs of its customers, while maintaining a strong emphasis on security and stability.
KpopMelody
Fri Sep 06 2024
Dubai, United Arab Emirates, April 2, 2024: Deribit FZE, the regional presence of the renowned global crypto derivative options platform Deribit group, has secured a significant milestone in its journey.