- Bitcoin Suisse has received In-Principle Approval from Abu Dhabi’s FSRA, marking its official entry into the Middle East through its subsidiary BTCS (Middle East) Ltd.
- This move strengthens its global expansion and positions it to offer regulated crypto financial services within ADGM’s robust regulatory framework.
Bitcoin Suisse, Switzerland’s premier crypto financial services provider, has achieved a pivotal milestone in its global expansion with its subsidiary BTCS (Middle East) Ltd. securing In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
This regulatory green light signals Bitcoin Suisse’s formal entry into the Middle Eastern market and demonstrates its deep commitment to transparency, compliance, and innovation in digital finance.
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The approval sets the stage for BTCS (Middle East) Ltd. to obtain full licensing from ADGM, enabling it to offer a comprehensive range of regulated crypto financial services. These include trading of virtual assets, crypto securities, derivatives, and secure local custody services — all under one of the world’s most robust virtual asset regulatory frameworks.
ADGM has emerged as the MENA region’s leading hub for virtual assets, attracting major global players thanks to its progressive, well-regulated environment. Ceyda Majcen, Head of Global Expansion at Bitcoin Suisse and designated Senior Executive Officer of BTCS (Middle East), emphasized the strategic importance of the move:
“The In-Principle Approval marks an important milestone in our global expansion journey. Abu Dhabi offers immense opportunities, and we are excited to contribute our expertise to the region’s dynamic digital asset ecosystem.”
Arvind Ramamurthy, Chief of Market Development at ADGM, welcomed the development, noting that Bitcoin Suisse’s entry further solidifies Abu Dhabi’s growing stature as a digital finance powerhouse.
With over $6 billion in digital assets under custody and $2.6 billion in institutional staking services, Bitcoin Suisse ranks among the global leaders in digital asset management. Its expansion into ADGM reflects not just a geographic shift but a strategic alignment with a jurisdiction known for rigorous standards and forward-thinking regulation.
As Bitcoin Suisse advances toward full licensing, it will continue enhancing its offerings to meet the needs of both private and institutional clients across the Middle East — combining Swiss precision with regional ambition.
