Crypto financial services firm Bitcoin Suisse said its subsidiary, BTCS (Middle East) Ltd., has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market. The approval allows the company to provide regulated digital asset services to eligible institutional and professional investors, including custody, spot trading, and derivatives execution and hedging. The development marks another step in Bitcoin Suisse’s compliance and regional expansion efforts in the Middle East. The company has not disclosed additional details such as launch timing or expected client onboarding volumes.
Subsidiary receives ADGM regulatory approval
Crypto financial services provider Bitcoin Suisse announced that its subsidiary, BTCS (Middle East) Ltd., has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval gives the firm a regulated pathway to offer digital asset financial services within ADGM’s framework.
According to the company’s disclosure, BTCS (Middle East) Ltd. is authorized to serve eligible institutional and professional investors. The permitted services include digital asset custody, spot trading, as well as derivatives execution and hedging. The scope of the license indicates that Bitcoin Suisse is advancing its regulated product offering in the Middle East through a formal local structure.
The news was reported by Odaily, citing Businesswire as the source of the announcement. So far, the public details remain focused on the licensing outcome and the categories of services covered. No further information has been provided on rollout timing, target client volume, or the scale of planned regional operations.
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