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Crypto options exchange heads for Panama

Friday, January 10, 2020


Deribit, the world’s dominant exchange for trading cryptocurrency options, is relocating to Panama from the Netherlands next month in anticipation of rising regulatory scrutiny.

The Netherlands is likely to adopt new European Union regulations that “would mean that we have to demand an extensive amount of information from our current and future customers,” the Amsterdam-based company said in a letter to customers, Bloomberg reports.