Bitcoin Suisse gains UAE approval for crypto services

Bitcoin Suisse’s BTCS (Middle East) has secured regulatory approval in Abu Dhabi, enabling it to provide regulated crypto financial services to institutional and professional clients in the UAE.

Bitcoin Suisse, a leading Swiss crypto financial services provider, has expanded into the Middle East. Its subsidiary, BTCS (Middle East) Ltd., recently received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This regulatory approval allows BTCS Middle East to offer a comprehensive suite of regulated digital asset financial services. These include institutional-grade custody, approved virtual asset trading, and advanced infrastructure tailored for institutional and professional clients in the United Arab Emirates. The license, granted after a rigorous multi-stage process, marks a significant milestone in Bitcoin Suisse’s international growth strategy. Managing approximately $3.7 billion in crypto assets and ranking as the fourth-largest staking operator globally, the company plans to further expand its regional offerings, including future access to tokenized real-world assets.