Bitcoin Suisse Gets Green Light in Abu Dhabi: $6B Crypto Giant Eyes MENA Expansion

Key Takeaways:


  • Abu Dhabi Global Market (ADGM) gives Bitcoin Suisse’s Middle East branch “in-principle” approval.

  • This is a key part of Bitcoin Suisse’s plan to offer regulated crypto services around the world.

  • The company already has more than $6 billion in assets and wants to get in on the expanding crypto market in the area.

  • After reaching a significant regulatory milestone, Bitcoin Suisse, a Swiss firm that was among the first to provide crypto banking, is now growing into the Middle East. BTCS (Middle East) Ltd., a subsidiary of Abu Dhabi Global Market (ADGM), has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA). This implies that it may now provide a wide range of regulated cryptocurrency services in one o ..

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