Bitcoin Suisse (International) Ltd, a subsidiary of Switzerland-based Bitcoin Suisse Group, has received dual regulatory approvals from the Bermuda Monetary Authority, according to a memo shared with Bitcoin Magazine.
The Bermuda Monetary Authority (BMA) has granted the entity a Category F licence under Bermuda’s Digital Asset Business Act (DABA) and Class B registration under the Investment Business Act 2003.
Approvals granted on a pre-commissioning basis, authorize Bitcoin Swiss To provide regulated digital asset management and investment advisory services to professional and institutional clients. The entity is headquartered in Hamilton, Bermuda, and is a subsidiary of BTCS Holding Ltd., the group’s parent holding company.
A DABA license covers the provision of regulated digital asset business services, while an IBA registration allows for investment advice and discretionary portfolio management.
Customers can fund mandates with bitcoin, stablecoins or fiat currencies, the company said. The entity operates on a non-custodial basis, relying on regulated custodial service providers and partner banks to provide institutional security.
Andre Magen, co-founder and CEO of Bitcoin Suisse Group, framed the approvals as a turning point for the company’s global ambitions.
“Institutional investors recognize digital assets as a permanent part of their portfolios,” Magen said. “What they need is a partner that combines deep crypto expertise with the governance and regulatory standards they expect from traditional financial services.” “The BMA approvals represent an important step in Bitcoin Suisse’s transformation towards a global wealth management platform.”
Multi-region Bitcoin expansion strategy
Investment decisions will be based on Bitcoin Suisse’s proprietary cryptocurrency analysis framework and its Global Cryptocurrency Taxonomy – a classification system covering nearly 600 digital assets across six sectors, developed over more than a decade of research. An experienced IT Manager’s office and dedicated research function will support all client assignments.
Bermuda has positioned itself as a global hub for digital asset regulation since introducing the Digital Asset Business Act in 2018, one of the first comprehensive frameworks of its kind in the world. The jurisdiction’s regulatory structure has attracted local crypto companies seeking institutional credibility and outreach.
Bermuda’s approvals depend on Bitcoin Suisse’s existing international presence. The group obtained initial approval from the Financial Services Regulatory Authority of the Abu Dhabi Global Market, establishing a regulated footprint in the Middle East. Together, the two regions form the basis of a multi-region expansion strategy targeting ultra-high net worth individuals, family offices, offshore asset managers and corporate counterparties.
