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Bitcoin Suisse has received a Financial Services Permission from ADGM's FSRA, allowing its Abu Dhabi subsidiary BTCS (Middle East) Ltd. to offer institutional crypto custody, trading, and portfolio management in the UAE — the firm's first regulated Middle East foothold.
Swiss crypto financial services provider Bitcoin Suisse has received regulatory approval to expand its operations in the Middle East after its Abu Dhabi subsidiary was granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
The approval now allows BTCS (Middle East) Ltd. to provide regulated digital asset financial services to institutional and professional investors across the United Arab Emirates, marking a significant step in the company's international expansion strategy.
The approval follows a multi-stage licensing process and enables the firm to offer services including institutional-grade custody, trading of approved virtual assets, and digital asset portfolio management within ADGM's regulatory framework.
Bitcoin Suisse, founded in 2013, said it currently safeguards approximately $3.7 billion in crypto assets and is the world's fourth-largest staking operator, bringing more than a decade of experience in digital asset markets to the UAE.
The company added that it also plans to support clients seeking exposure to tokenized real-world assets as the market continues to develop.
The latest approval further reinforces Abu Dhabi's position as one of the fastest-growing centers for digital asset innovation, with ADGM continuing to attract international crypto firms seeking a transparent and well-regulated environment for institutional services. Over the past few years, the UAE has emerged as a preferred destination for global blockchain and virtual asset companies by introducing dedicated regulatory frameworks that balance innovation with investor protection.
Unlike many jurisdictions where crypto regulations remain fragmented or uncertain, Abu Dhabi has focused on providing clear licensing pathways for digital asset businesses, encouraging established firms to expand their regional operations while giving institutional investors greater confidence in the market. This regulatory clarity has helped the emirate attract exchanges, custodians, asset managers, and blockchain infrastructure providers looking to serve the Middle East from a compliant financial hub.
Commenting on the announcement, Ceyda Majcen, Chief Executive Officer of BTCS (Middle East) Ltd., said the license represents a key milestone in the company's international growth plans and reflects years of investment in digital asset infrastructure, risk management, and institutional client services.
Meanwhile, Arvind Ramamurthy, Chief Market Development Officer at ADGM, said Bitcoin Suisse's entry reinforces the maturity of the financial center's digital asset ecosystem.
He added that ADGM remains focused on providing regulatory clarity while supporting innovation and long-term growth within the virtual asset sector.
The Bitcoin Suisse ADGM License in UAE approval comes as the country continues to boost its position as one of the world's leading destinations for digital asset businesses through dedicated regulatory frameworks and increasing institutional adoption.
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