Bitcoin Suisse gains approval for digital asset services in UAE
Bitcoin Suisse has secured full regulatory clearance to offer regulated digital asset services throughout the UAE.
The company’s regional subsidiary, BTCS (Middle East) Ltd. (BTCS ME), has been granted Financial Services Permission by the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM).
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The approval completes a multi-phase licensing procedure and authorises BTCS ME to provide a broad range of regulated digital asset financial services to institutional and professional clients in the UAE.
The company said the development represents “another significant step” in its international expansion plans as it works to become a “leading” global wealth management partner.
With the authorisation, institutional and professional clients in the UAE will be able to use a regulated digital asset financial infrastructure tailored to sophisticated requirements, noted the crypto finance service provider.
This includes services for managing and hedging digital asset exposure, access to a fully compliant operating environment, institutional-grade custody, and trading in approved virtual assets.
Clients will also be assigned a dedicated relationship manager.
Bitcoin Suisse Group currently holds $3.7bn in crypto assets under custody and is ranked as the world’s fourth-largest staking operator.
The Middle East expansion is being overseen by Ceyda Majcen, CEO and SEO of BTCS ME.
Majcen said: “The authorisation reflects more than a decade of experience building resilient infrastructure, risk frameworks, and trusted client relationships.
“We are excited to bring our unique combination of institutional-grade capabilities and highly personalised service to the UAE, one of the world’s most dynamic hubs for digital assets.”
Headquartered in Zug, Bitcoin Suisse employs over 200 people in Switzerland, Liechtenstein, the UAE, and Bermuda. It serves institutional clients, digital asset foundations, asset managers, high-net-worth individuals, as well as family offices.
In 2024, the company collaborated with Maerki Baumann & Co., to integrate crypto expertise into the Swiss private bank’s investment process through a joint crypto advisory board.
