Bitcoin Suisse has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The authorization, granted to Group subsidiary BTCS (Middle East) Ltd. (“BTCS ME”), clears the Swiss firm to offer regulated digital asset services across the United Arab Emirates.

The company announced the milestone earlier today.

The permission concludes a multi-stage licensing process with the FSRA, the regulator for ADGM, the international financial center of Abu Dhabi. It authorizes BTCS ME to provide a range of regulated services to institutional and professional clients in the UAE. 

Founded in Zug in 2013,…

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