Bitcoin Suisse gains approval for digital asset services in UAE

Bitcoin Suisse’s regional arm BTCS (Middle East) Ltd. secured a Financial Services Permission from Abu Dhabi Global Market’s regulator, enabling regulated digital asset services for institutional and professional clients in the UAE. The approval follows a multi-phase licensing process and authorizes services including custody, trading, and risk management in a compliant environment. Bitcoin Suisse, which holds $3.7bn in crypto assets under custody, plans to expand its global wealth management presence with this move.