Crypto Exchange Fastex Expands U.S. Presence With Los Angeles Office

Fastex, a Dubai-based crypto change, is increasing its presence within the U.S., constructing out an workplace in Los Angeles, California.

According to a Thursday announcement, Fastex will supply spot crypto buying and selling companies of tokens together with bitcoin

, ether , Cardano , Solana and its native utility token, Fasttoken , to each retail and institutional traders within the U.S.

Fastex’s American growth comes because the U.S. continues to overtake its method to crypto regulation beneath President Donald Trump’s administration. Since Trump took workplace in January, the U.S. Securities and Exchange Commission (SEC) has retreated from the so-called regulation-by-enforcement method to crypto it took beneath former Chair Gary Gensler, dropping a number of open investigations and shutting ongoing litigation towards crypto exchanges.

In an interview with CoinDesk at Bitcoin 2025 in Las Vegas, Fastex’s Chief Legal Officer and board member Vardan Khachatryan stated that the SEC’s softened stance towards crypto regulation performed a significant function within the change’s choice to increase within the U.S., although he acknowledged that there’s nonetheless no concrete authorized framework for crypto within the nation.

“There has been enough of a policy change, at least in terms of [how the U.S. government is] viewing things, that allowed us to go for this,” Khachatryan stated. “It’s still kind of a risk, but it’s a lower risk.”

With a number of crypto firms returning to the U.S. as a result of Trump Administration’s crypto-friendly insurance policies, cities like New York are hoping to draw firms increasing to the U.S. to arrange store of their jurisdictions.

But, whereas Khachatryan stated New York could be “the right place to be in terms of headquarters,” he stated that, for now, the prospect of acquiring a BitLicense — the notoriously difficult-to-obtain crypto license issued by the New York Department of Financial Services (NYDFS) — is prohibitive.

“I hope that things will change a bit,” Khachatryan stated.

New York City Mayor Eric Adams, who has branded himself the “Bitcoin Mayor” in an try and lure crypto firms to New York, known as for the tip to the BitLicense regime throughout a speech at Bitcoin 2025 in Las Vegas on Wednesday.

Read extra: NYC Mayor Eric Adams Calls for End of the NYDFS BitLicense, Proposes BitBond

Fastex is at the moment headquartered in Dubai, within the Dubai International Financial Centre (DIFC). Khachatryan stated the change is at the moment engaged on acquiring a license from Dubai’s Virtual Assets Regulatory Authority (VARA).

After increasing within the U.S., Khachatryan stated the change additionally has its eyes on a Latin American growth, beginning with Brazil, adopted by Argentina and Mexico.