Bitcoin Suisse Wins Abu Dhabi License, Extends Digital Asset Push Into The UAE

Bitcoin Suisse has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The authorization, granted to Group subsidiary BTCS (Middle East) Ltd. (“BTCS ME”), clears the Swiss firm to offer regulated digital asset services across the United Arab Emirates.

The company announced the milestone earlier today.

- Advertisement -

The permission concludes a multi-stage licensing process with the FSRA, the regulator for ADGM, the international financial center of Abu Dhabi. It authorizes BTCS ME to provide a range of regulated services to institutional and professional clients in the UAE. 

Founded in Zug in 2013, Bitcoin Suisse brings more than a decade of experience to the region. The Group safeguards $3.7 billion in crypto assets and ranks as the fourth-largest staking operator in the world.

Read More:  Trump Media (DJT) Moves To Sell Bitcoin As Losses Reach $455 Million

Clients under the new permission gain access to institutional-grade custody, trading of approved virtual assets, and tools for managing and hedging digital asset exposure within a compliant framework. Each client works with a dedicated relationship manager. The firm states that BTCS ME will prepare to support access to tokenized real-world assets as that market develops.

Ceyda Majcen serves as Chief Executive Officer of BTCS ME and leads the Group’s Middle East expansion.

Read More:  Strategy (MSTR) Files To Repurchase $1.5B In 2029 Convertible Notes As STRC Hits Record $1.53B Daily Volume

“Receiving the FSP from the FSRA is a major milestone in our international growth strategy,” Majcen said. “The authorization reflects more than a decade of experience building resilient infrastructure, risk frameworks, and trusted client relationships. We are excited to bring our unique combination of institutional-grade capabilities and personalized service to the UAE, one of the world’s most dynamic hubs for digital assets.”

Bitcoin Suisse’s international expansion 

The license adds to a broader pattern of established crypto firms seeking a base in the Gulf, where regulators such as ADGM and Dubai’s VARA have built frameworks for virtual asset businesses. 

Read More:  Bitcoin Price Slides Below $77,000, ETF Sales Top $1 Billion

For Bitcoin Suisse, the UAE marks a fourth jurisdiction alongside Switzerland, Liechtenstein, and Bermuda. The Group frames the step as part of a plan to become a global wealth management partner for digital assets.

Bitcoin Suisse describes itself as a premium digital assets financial services provider. It offers trading, custody, staking, and lending to institutional clients, digital asset foundations, family offices, asset managers, and high-net-worth individuals. 

The Group employs more than 200 people and keeps its headquarters in Zug. The Abu Dhabi permission gives the firm a regulated route into a market where demand for institutional digital asset infrastructure continues to grow.

Facebook Comments Box

Related

World Champions Spain! Defeat Argentina to Win World Cup After 16 Years

1 Spain are the new kings of the football world....

Spain Scores in World Cup Final, Takes 1-0 Lead Against Argentina

0 After a long wait, Spain finally found the back...

UK turns delayed wallet identification into a 14-year criminal risk for crypto firms

The UK's designation of Iran's Islamic Revolutionary Guard Corps...

Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking

Grayscale wants to turn staking rewards from its Ethereum...

MetaMask code was open to a North Korea-linked contractor for a month before Consensys halted releases

A contractor brought in through a third-party provider worked...