BTCS (Middle East) Ltd., the subsidiary of Bitcoin Suisse Group, has successfully obtained Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi. According to a July 7 announcement, this regulatory approval allows the company to provide regulated digital asset services to institutional clients throughout the UAE. The FSP represents a significant milestone in Bitcoin Suisse's international growth strategy as a leading global wealth management partner, following a multi-stage regulatory review conducted by ADGM before granting the final authorization.
Bitcoin Suisse brings more than a decade of experience across multiple digital asset market cycles to the UAE market. Under the ADGM license, BTCS (Middle East) Ltd. can offer spot trading in approved virtual assets, institutional-grade custody services, and hedging products, including derivatives. The company currently safeguards USD 3.7 billion in crypto assets globally and ranks as the fourth-largest staking operator globally. The platform is also positioned to support clients in accessing tokenized real-world assets in the future, with the Abu Dhabi business preparing to support clients seeking access to tokenized real-world assets as that market continues to develop.
Ceyda Majcen, Chief Executive Officer and SEO of BTCS ME, leads Bitcoin Suisse Group's expansion in the Middle East and brings extensive senior leadership experience across the Group. According to Bitcoin Suisse, receiving the FSP from the FSRA reflects more than a decade of experience building resilient infrastructure, risk frameworks, and trusted client relationships. The company is designed to support clients through the next phase of institutional adoption by combining regulatory strength, operational depth, and highly personalized client service.
Arvind Ramamurthy, Chief Market Development Officer at ADGM, congratulated Bitcoin Suisse on receiving its FSP from the FSRA, stating that the expansion further strengthens Abu Dhabi's position as a destination for institutional digital asset infrastructure. As reported by Bitcoin Suisse, the authorization reflects the company's unique combination of institutional-grade capabilities and highly personalized service approach. ADGM remains committed to enabling innovation within a robust, internationally recognized regulatory environment, positioning Abu Dhabi as a leading financial hub in the region.
The Bitcoin Suisse UAE expansion follows another significant regulatory milestone secured only weeks earlier. On June 22, Bitcoin Suisse obtained a MiCA Crypto-Asset Service Provider (CASP) license from Liechtenstein's Financial Market Authority, giving the company passporting rights across the European Economic Area and allowing it to serve institutional investors and high-net-worth clients throughout eligible markets. Abu Dhabi has continued attracting established crypto firms through its licensing framework, with Bitcoin Suisse joining companies like Binance and Kraken that have received regulatory approval to operate in the emirate. The developments come as several jurisdictions across Asia and the Middle East continue building formal crypto regulatory systems, with Dubai's Virtual Assets Regulatory Authority recently granting its 50th virtual asset service provider license.
