Fastx, a Dubai-based crypto exchange, expands its presence in the United States and builds an office in Los Angeles, California.

According to a Thursday -Message, Fastex will offer Spot Crypto Trading services of tokens including Bitcoin

Ether, Cardano, Solana and its original tool token, fast -token to both retail and institutional investors in the US

Fastx’s US expansion comes as the United States continues to review its approach to crypto regulation under President Donald Trump’s administration. Since Trump joined in January, the US Securities and Exchange Commission (SEC) has been withdrawn from the so-called regulation-for-enforcement method to crypto, it took under former President Gary Gensler, a number of open investigations fell and closed running lawsuits against crypto exchange.

In an interview with Coindesk on Bitcoin 2025 in Las Vegas, Fastex’s head of legal officer and board member Vardant Khachatryan said that SEC’s softened attitude towards crypto regulation played an important role in the exchange’s decision to expand in the United States, though he acknowledged that there is still no concrete legal ramp for crypto in the country.

“There has been enough of a political change, at least with regard to [how the U.S. government is] Seeing things that enabled us to go after this, “Khachahatryan said,” it’s still a kind of risk, but it’s a lower risk. “

With a number of cryptic companies returning to the United States due to the cryptic policies of the Trump administration, cities like New York hope to attract companies that are expanding to the United States to set up store in their jurisdictions.

But while Khachatryan said New York would be “the right place to be with regard to headquarters,” he said the prospect of getting a bitlicens-the notorious difficult to observe the crypto license issued by the New York Department of Financial Services (Nydfs)-is prohibited.

“I hope things will change a little,” Khachatryan said.

New York City Mayor Eric Adams, who has felt himself as the “Bitcoin mayor” in an attempt to lure crypto companies to New York, called for the end of the Bitlicense -regime during a speech at Bitcoin 2025 in Las Vegas on Wednesday.

Read more: Mayor Eric Adams calls for the end of Nydf’s Bitlicense, Bitbond suggests

Fastex is currently headquartered in Dubai in Dubai International Financial Center (DIFC). Khachatryan said the stock exchange is currently working to get a license from Dubai’s virtual assets Regulatory Authority (Vara).

After expanding in the United States, Khachatryan said the exchange also has the eyes of a Latin American expansion, starting with Brazil, followed by Argentina and Mexico.