Bitcoin Suisse receives approval in principle from the Abu Dhabi Financial Services Regulatory Authority
According to online reports, Swiss cryptocurrency financial services provider Bitcoin Suisse announced that its subsidiary BTCS (Middle East) Ltd. has received approval-in-principle (IPA) from the Financial Services Supervisory Authority (FSRA) of the Abu Dhabi International Financial Center (ADGM). The IPA awarded by the Abu Dhabi International Financial Center Financial Services Supervisory Authority (FSRA) lays the foundation for Bitcoin Suisse to be awarded a comprehensive license, allowing it to provide regulated crypto financial services, including virtual assets, cryptosecurities and derivatives trading, and local custody, in Abu Dhabi International Financial Center's vibrant international financial center.
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