Coinbase in the process of buying Deribit for $5 billion

Coinbase is deep in talks to buy Deribit, the largest crypto options exchange on the planet. Deribit handles more Bitcoin and Ether options than anyone else. According to a report from Bloomberg, the two companies have already contacted regulators in Dubai, where Deribit holds a license. That license would be handed over to Coinbase if […] source: https://www.cryptopolitan.com/coinbase-in-the-process-of-buying-deribit-for-5-billion/