Bitcoin Suisse, a leading provider of crypto financial services for institutional clients, crypto foundations, family offices, asset managers and high-net-worth individuals, has expanded its operations with Bitcoin Suisse Group’s subsidiary, BTCS (Middle East).
With the development, the firm has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial center of Abu Dhabi. As per the announcement, the FSP marks the completion of a thorough, multi-stage licensing process and enables the Bitcoin Suisse subsidiary to deliver a comprehensive suite of regulated digital asset financial services to institutional and professional clients in the UAE.
Bitcoin Suisse to bring experience to the UAE
Bitcoin Suisse has more than 10 years of experience in the digital asset space and seeks to bring this experience to the UAE. Already, the group custodies $3.7 billion in crypto assets and is the fourth-largest staking operator globally. With the license in hand, institutional and professional clients can access a regulated digital asset financial infrastructure designed for sophisticated needs, including managing and hedging digital asset exposure, in a fully compliant environment, with institutional-grade custody, and trading approved virtual assets.
In the future, the Bitcoin Suisse subsidiary will support clients in accessing tokenized real-world assets. According to Ceyda Majcen, Chief Executive Officer and SEO of BTCS ME, the FSP license from FSRA is a major milestone in their international growth plans. He explained that the authorization was a reflection of their decade of experience in building resilient infrastructure, risk frameworks, and trusted client relationships.
He added that Bitcoin Suisse is excited to bring our unique combination of institutional-grade capabilities and highly personalized service to the UAE, one of the world’s most dynamic hubs for digital assets. Arvind Ramamurthy, Chief Market Development Officer at ADGM, congratulated Bitcoin Suisse on the license and its expansion into ADGM, noting that its expansion reinforces the strength and maturity of its digital assets ecosystem.
He added, “As Abu Dhabi further strengthens its position as a leading financial hub in the region, ADGM remains committed to enabling innovation within a robust, internationally recognized regulatory environment.” Two weeks earlier, Bitcoin Suisse (Europe) AG received its crypto asset service provider (CASP) license from the Liechtenstein Financial Market Authority under MiCAR. The European entity of Bitcoin Suisse is now able to serve clients across selected EEA markets, with Roman Przibylla appointed CEO to lead the expansion.
