Bitcoin Suisse has reached another milestone in its international expansion. Its subsidiary, BTCS (Middle East) Ltd., has received Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
The approval allows the Zug-based crypto financial services provider to offer regulated digital asset services to institutional and professional clients across the United Arab Emirates.
Regulated crypto infrastructure
The approval marks the completion of a multi-stage licensing process. BTCS Middle East can now provide regulated services including trading, custody, and the management and hedging of crypto exposures.
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