Bitcoin Suisse has received full regulatory approval in Abu Dhabi, allowing the Swiss cryptocurrency company to expand its regulated digital asset business across the UAE.
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- Bitcoin Suisse has obtained a full ADGM license, allowing it to offer regulated crypto services across the UAE.
- This approval follows the company’s recent MiCA license in Liechtenstein, expanding its regulated presence in Europe and the Middle East.
- Abu Dhabi continues to attract major cryptocurrency companies as it strengthens its position as a hub for institutional digital assets.
ADGM approval opens up regulated crypto services across the UAE
According to an announcement on July 7, Bitcoin Suisse’s Middle East subsidiary, BTCS (Middle East) Limited, has obtained full financial services permission (FSP) from the Financial Services Regulatory Authority (FSRA) on the Abu Dhabi Global Market (ADGM).
This license allows the company to provide regulated digital asset services to institutional clients across the UAE.
Under the licence, BTCS (Middle East) Limited can offer spot trading in certified virtual assets, institutional-level custody services, and hedging products, including derivatives. This approval comes after a multi-stage regulatory review conducted by Abu Dhabi Global Market before granting the final license.
Bitcoin Suisse said it currently protects about $3.7 billion in crypto assets globally. The company also ranks as the world’s fourth-largest staking operator by assets, adding an established institutional business to Abu Dhabi’s regulated cryptocurrency ecosystem.
Speaking about the approval, Arvind Ramamurthy, Chief Market Development Officer at Abu Dhabi Global Market, said that the arrival of Bitcoin Suisse strengthens Abu Dhabi’s position as a destination for institutional digital asset infrastructure.
The company added that its Abu Dhabi business is also poised to support clients seeking access to real tokenized assets as this market continues to develop.
Multiple licenses strengthen Bitcoin Suisse’s regulated footprint
Abu Dhabi’s approval comes on the heels of another regulatory achievement obtained just weeks ago. On June 22, Bitcoin Suisse obtained the crypto asset regulatory markets (Mika) Crypto Asset Service Provider (CASP) license from the Liechtenstein Financial Market Authority.
The European license gives the company passporting rights across the European Economic Area, allowing it to serve institutional investors and high-net-worth clients in all eligible markets. Combined with existing regulatory approvals, the latest license expands Bitcoin Suisse’s presence across multiple regulated jurisdictions.
Abu Dhabi has continued to attract established cryptocurrency companies through its licensing framework. Earlier, Binance Believer ADGM license along with several FSRA licenses covering trading and custody services, while Kraken as well Obtained regulatory approval To work in the emirate.
This development comes as many jurisdictions across Asia and the Middle East continue to build formal regulatory systems for cryptocurrencies. As crypto.news previously I mentionedDubai’s Virtual Assets Regulatory Authority recently granted its 50th virtual asset services provider license to Tribe Tokenisation FZE, putting the emirate ahead of Hong Kong and Singapore in terms of total licenses reported, although these numbers do not necessarily indicate the number of active companies or the size of the business.
Regulatory approaches across the region remain mixed. Dubai and Abu Dhabi have expanded licensing frameworks designed for digital asset companies, with crypto.news previously reporting that countries including India and Russia continue to keep state supervision at the heart of their digital asset policies.
For Bitcoin Suisse, the Abu Dhabi approval adds another regulated operating base as the company expands its institutional services across Europe and the Middle East under well-established financial regulatory frameworks.
