Bitcoin Suisse Secures In-Principle Approval to Expand Crypto Services in ADGM

Bitcoin Suisse, a leading Swiss crypto financial services provider, proudly announces that its subsidiary, BTCS (Middle East) Ltd., has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. This marks a significant milestone in Bitcoin Suisse’s strategic expansion, highlighting its dedication to regulatory compliance, financial innovation, and global growth. With this approval, Bitcoin Suisse is poised to enter the Middle Eastern market, offering a client-focused approach to crypto finance.

The IPA from ADGM’s FSRA sets the stage for Bitcoin Suisse to secure full licensing soon, enabling it to offer regulated crypto financial services — including trading of virtual assets, crypto securities and derivatives, as well as local custody — within ADGM’s vibrant international financial center. ADGM is known as one of the most advanced and well-regulated jurisdictions worldwide, with a virtual asset framework that is globally recognized for its comprehensive regulations, making it the largest regulated virtual asset hub in the MENA region.

Ceyda Majcen, Head of Global Expansion and designated Senior Executive Officer of BTCS (Middle East) Ltd., said, “The In-Principle approval marks an important milestone in our global expansion journey. It reflects our strong commitment to maintaining the highest standards of transparency, security, and regulatory compliance. Abu Dhabi, one of the Middle East’s fastest-growing financial centers, presents a compelling opportunity for growth. We look forward to working closely with the FSRA to obtain our full license and to bring our decade of experience in crypto finance to the region’s rapidly evolving digital asset ecosystem.”