Bitcoin Suisse Grows in the Middle East, Targets Worldwide Growth

Bitcoin Suisse (BTCS), Switzerland’s prominent provider of crypto financial services, has revealed that it has secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Crypto market (ADGM). This approval was attained via the Swiss firm’s subsidiary, BTCS Middle East Ltd.

On 21 May 2025, the Zug-headquartered company confirmed its intention to deliver regulated crypto financial services in Abu Dhabi, which will encompass trading of virtual assets, crypto securities, and derivatives. With the IPA in hand, BTCS is on the path to achieving full licensing.

Ceyda Majcen, Head of Global Expansion & designated Senior Executive Officer of BTCS, stated, “Abu Dhabi, one of the rapidly developing financial hubs in the Middle East, offers an exciting opportunity for expansion. We are eager to collaborate closely with the FSRA to secure our full license and leverage our decade-long expertise in crypto finance to enhance the region’s dynamic digital asset landscape.”

Bitcoin Suisse Secures In-Principle Approval to Operate in ADGM

Read here: https://t.co/jjl305LUuc#fintech #blockchain #crypto @BitcoinSuisseAG @ADGlobalMarket

— Fintech Announcement Middle East (@MeFintech) May 21, 2025

DISCOVER: 20+ Next Crypto to Explode in 2025 

Next Step For Bitcoin Suisse: Financial Services Permission

“We are excited to see BTC Suisse obtain their Financial Services Permission (FSP) and contribute to the vibrant ecosystem of ADGM,” remarked Arvind Ramamurthy, Chief of Market Development Officer at ADGM.

BTCS boasts over $6 billion (AED 22.2 billion) in digital assets under its custody. Additionally, the company provides $2.6 billion (AED 8.9 billion) in institutional staking services, establishing itself as one of the foremost providers of digital asset custody and earning yield solutions on a global scale. As BTCS Middle East Ltd progresses toward full licensing, it has stated its commitment to improving its product offerings and operational capabilities to better meet the needs of its international clientele.

“ADGM extends congratulations to BTC Suisse for obtaining its IPA from the FSRA of ADGM,” Ramamurthy continued. “Their plans to expand into the region to deliver regulated crypto financial services within the international financial centre highlight the considerable opportunities present in Abu Dhabi.”

Explore: The 12+ Hottest Crypto Presales to Buy Right Now

“We aim to replicate our success in Switzerland on a global scale”

“The In-Principle approval (in Abu Dhabi) signifies a crucial milestone in our global expansion journey,” added Ceyda Majcen.

In a conversation with a media outlet last year, Bitcoin Suisse CEO Andrej Majcen stated, “Our goal is to replicate our success in Switzerland on an international level.”

“Bitcoin Suisse has established a foothold in Liechtenstein since 2019, enabling access to the European trading market under the EU’s MiCAR regulation,” he noted. “At the same time, we are setting up operations in Abu Dhabi, addressing the increasing demand for crypto financial services in the Middle East.”

“In Europe, the firm will concentrate on the DACH region, Benelux nations, France, and the Nordics,” confirmed Andrej Majcen.

Explore: Best Meme Token ICOs to Invest in May 2025

The post BTC Suisse Expands to the Middle East, Aims for Global Expansion appeared first on 99Bitcoins.