Deribit exchange moves from Amsterdam to Panama citing regulatory concerns

posted 9 days ago
Deribit is moving to a "warmer" area, citing regulatory concerns. The Amsterdam-based crypto derivatives exchange will operate out of Panama as DRB Panama, a subsidiary of the current Deribit platform beginning Feb. 10th.

The company claimed the Netherlands’ presumed adoption of “very strict” anti-money laundering (AML) regulations applied to cryptocurrency firms spurred the trans-Atlantic voyage.
Tags: bitcoin, news