Deribit is licensed as a dealer in Dubai VARA, and the spot order is routed to Coinbase

On 13 August, the Coinbase encryption option platform Deribit announced that it had been awarded a broker licence (Braker-Dealer Licence) from the Dubai Virtual Assets Control Authority. The license will enable Deribit to enhance its spot-trading services, and the Coinbase Exchange will act as a key liquidity provider, providing more liquidity and hundreds of new assets to Deribit clients。