Deribit, the largest crypto options exchange globally, is considering entering the US market due to a more favorable regulatory environment anticipated under President Donald Trump. CEO Luuk Strijers noted that the company, based in Dubai and which processed $1.3 trillion in notional volume in the previous year, is actively exploring opportunities in the US following a shift towards leniency in crypto regulations. This potential expansion coincides with Coinbase's negotiations to acquire Deribit, which would involve transferring Deribit's license to Coinbase. The regulatory landscape had been restrictive under the Biden administration, leading many crypto firms to pull out of the US market amid aggressive enforcement actions by the SEC and DOJ. However, Trump's administration is reportedly easing this stance, with the SEC having paused numerous enforcement cases against crypto companies and the DOJ signaling a softer approach. Other global crypto firms, including OKX and Nexo, have also shown interest in US expansion, reflecting a renewed confidence in the market.

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