Bitcoin Suisse Lands in ADGM, Fuels MENA Crypto Rise

Zug, Switzerland — May 21, 2025 — Bitcoin Suisse, a leading Swiss crypto financial services provider, is pleased to announce that its subsidiary, BTCS (Middle East) Ltd., has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This significant development marks a pivotal step in Bitcoin Suisse’s strategic expansion into the Middle East, underscoring its commitment to regulatory compliance, financial innovation, and global growth.

Strategic Expansion into the Middle East

The IPA granted by ADGM’s FSRA allows Bitcoin Suisse to initiate the process of obtaining a full Financial Services Permission (FSP). Once fully licensed, BTCS (Middle East) Ltd. will be authorized to offer a comprehensive suite of regulated crypto financial services, including:

• Trading of virtual assets and crypto securities

• Crypto derivatives offerings

• Local custody solutions for both institutional and retail clients

This expansion represents Bitcoin Suisse’s first venture outside the European Union, reflecting the company’s strategic focus on high-growth markets with robust regulatory frameworks.

ADGM: A Premier Hub for Virtual Assets

ADGM is recognized as one of the most advanced and well-regulated jurisdictions globally. Its comprehensive virtual asset regulatory framework has established ADGM as the largest regulated hub for virtual assets in the MENA region. The FSRA’s rigorous standards provide a secure and transparent environment for crypto financial services, making it an attractive destination for international firms seeking to operate in the Middle East.

Commitment to Regulatory Excellence

Ceyda Majcen, Head of Global Expansion and designated Senior Executive Officer of BTCS (Middle East) Ltd., commented:

“The In-Principle approval marks an important milestone in our global expansion journey. It reflects our strong commitment to maintaining the highest standards of transparency, security, and regulatory compliance. Abu Dhabi, one of the Middle East’s fastest-growing financial centers, presents a compelling opportunity for growth. We look forward to working closely with the FSRA to obtain our full license and to bring our decade of experience in crypto finance to the region’s rapidly evolving digital asset ecosystem.”

Arvind Ramamurthy, Chief of Market Development Officer at ADGM, added:

“ADGM congratulates Bitcoin Suisse on receiving its IPA from the FSRA of ADGM. Their expansion plans to the region to provide regulated crypto financial services within the international financial center is a testament to the immense opportunities available within Abu Dhabi. We look forward to Bitcoin Suisse receiving their Financial Services Permission (FSP) and their contribution to ADGM's dynamic ecosystem.”

Bitcoin Suisse’s Global Credentials

Founded in 2013, Bitcoin Suisse has established a strong reputation as a trusted crypto financial service provider in Switzerland. The company offers secure and compliant crypto asset solutions for private individuals and institutional clients, leveraging its deep expertise, precision, and personal engagement. Bitcoin Suisse securely holds 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, positioning it as one of the largest providers of digital asset custody and institutional staking solutions globally.

Looking Ahead

As BTCS (Middle East) Ltd. advances toward obtaining its full license, the company will continue to enhance its product suite and operational capabilities to best serve its international client base. By entering the ADGM ecosystem, Bitcoin Suisse aims to leverage the region’s progressive regulatory framework to offer clients a robust, transparent, and fully regulated platform for crypto financial services.

📎 Sources: Bitcoin Suisse

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⚠️ Disclaimer:

This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any financial decisions.