Fastx, an exchange of crypto based in Dubai, is expanding its presence in the United States, building an office in Los Angeles, California.
According to a Thursday announcement, Fastex will offer cryptographic trading services Spot de tokens, including Bitcoin
Ether, Cardano, Solana and his native public service token, Fasttoken retail and institutional investors in the United States
The American expansion of Fastx occurs while the United States continues to revise its approach to cryptographic regulation under the administration of President Donald Trump. Since Trump took office in January, the Securities and Exchange Commission of the United States (SEC) withdrew from the so-called regulatory approach by applying the crypto which he adopted under the former president Gary Gensler, abandoning a multitude of open surveys and closing of litigation in progress against cryptographic exchanges.
In an interview with Coindesk at Bitcoin 2025 in Las Vegas, Vardan Khachatryan, legal director and member of the Board of Directors of Fassex, said that the softened position for the dry regulation had played a major role in the decision of the exchange to extend to the United States, although he recognized that there is still no concrete legal framework for the crypto in the United States.
“There has been enough policy change, at least in terms of [how the U.S. government is] Seeing things allowed us to go for that, “said Khachatryan.” It’s always a risk, but it’s a lower risk. “”
With a multitude of cryptographic companies returning to the United States due to the friendly policies of the Trump administration, cities like New York hope to attract businesses in the United States to settle in their jurisdictions.
But, although Khachatryan said that New York would be “the right place to be in terms of headquarters”, he said that, for the moment, the prospect of obtaining a crypto license notoriously difficult to observe by the New York Financial Services Department (NYDFS) – is prohibitive.
“I hope things will change a little,” said Khachatryan.
New York mayor, Eric Adams, who qualified as a “mayor of Bitcoin” with the aim of attracting cryptographic companies in New York, called at the end of the Bitlidental regime during a Bitcoin 2025 speech in Las Vegas on Wednesday.
Read more: The mayor of New York, Eric Adams, calls for the end of the Bitlicense Nydfs, offers Bitbond
FASTEX is currently based in Dubai, at Dubai International Financial Center (DIFC). Khachatryan said that the exchange is currently working on obtaining a license from the Virtual Assets Regulatory Authority (Vara) from Dubai.
After developing in the United States, Khachatryan said that the exchange also had their eyes on a Latin American expansion, starting with Brazil, followed by Argentina and Mexico.
