Bitcoin Suisse Expands into the Middle East by Obtaining an In-Principle Approval from the FSRA of ADGM

Bitcoin Suisse, the leading Swiss crypto financial service provider, is proud to announce that its subsidiary BTCS (Middle East) Ltd. has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM.

Crypto financial service provider Bitcoin Suisse is expanding into the Middle East. The company’s subsidiary BTCS (Middle East) Ltd. has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

This marks a significant step in Bitcoin Suisse’s strategic expansion plans. It showcases the company’s dedication to regulatory compliance, financial innovation, and expanding its footprint to new markets.

With this achievement, Bitcoin Suisse is poised to quickly expand into the Middle East, presenting its signature brand of service excellence and client-centricity to a new generation of investors in the region.

This approval from ADGM’s FSRA will eventually lead to Bitcoin Suisse securing full licensing to provide its regulated crypto financial services. These services, which will include trading of virtual assets, crypto securities and derivatives, as well as local custody, will be offered from the vibrant international financial center that is ADGM.

Known for its cutting-edge regulations, ADGM is a leading presence in the field of Web3 and the metaverse. Its virtual asset framework is recognized globally for its comprehensiveness. As a result, ADGM has become the largest regulated hub for virtual assets in the Middle East North Africa (MENA) region.

Bitcoin Suisse is a well-known name in the Swiss crypto industry. The company is a trusted provider of crypto financial services, offering both private individuals and institutional clients optimal solutions for investing in and managing crypto assets.

Bitcoin Suisse is renowned for its deep expertise, precision, and personal engagement, which together create an exceptional service experience. The company currently manages over USD $6 billion (AED 22.2 billion) in digital assets under custody and more than USD $2.6 billion (AED 8.9 billion) in institutional staking services, placing it among the largest providers of digital asset custody and institutional staking solutions worldwide.

As Bitcoin Suisse enters the ADGM ecosystem, the goal is to leverage the region’s famously progressive regulatory framework to offer clients a robust, transparent, and fully regulated platform for its crypto financial services.

This In-Principle Approval is a testament to Bitcoin Suisse’s stellar operational standards, which are executed with the greatest attention to risk management. It also reflects the company’s ability to meet, and in some cases exceed, the high standards set by regulatory authorities.

As BTCS (Middle East) Ltd. advances towards full licensing, it will continue to invest in enhancing its product suite and operational capabilities to best serve its international client base.

About Bitcoin Suisse

Bitcoin Suisse is Switzerland’s leading premium crypto finance service provider. Founded in 2013 by crypto-native experts, it offers a cohesive suite of trading, staking, custody and lending services geared towards private and institutional clients.

The company is headquartered in Zug and has built a team of over 200 highly qualified experts in Switzerland, Europe and the Middle East.