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Bitcoin Suisse (International) Ltd., an affiliate of the Switzerland-based Bitcoin Suisse Group, has obtained dual regulatory approvals from the Bermuda Monetary Authority, according to a note shared with Bitcoin Magazine.
The Bermuda Monetary Authority (BMA) granted the entity a Class F license under Bermuda’s Digital Asset Business Act (DABA) and a Class B registration under the Investment Business Act 2003.
The approvals, granted on a pre-operational basis, authorize Bitcoin Suisse to provide regulated digital asset management and investment advisory services to professional and institutional clients. The entity is domiciled in Hamilton, Bermuda, and is a subsidiary of…
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