The Good Tech Companies - Bitcoin Suisse Secures In-Principle Approval From ADGM’s Financial Services Regulatory Authority

Episode Date: May 21, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/bitcoin-suisse-secures-in-principle-approval-from-adgms-financial-services-regulatory-authority. This milestone represents a significant step forward in Bitcoin Suisse’s strategic expansion, reinforcing its commitment to regulatory compliance, Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #bitcoin-suisse, #chainwire, #press-release, #blockchain-development, #bitcoin-suisse-announcement, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Bitcoin Suisse's subsidiary BTCS (Middle East) Ltd. has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. The granting of the IPA paves the way for Bitcoin Suisse to secure full licensing soon.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Bitcoin Suisse secures in-principle approval from EDGM's Financial Services Regulatory Authority, by Chainwire. Zugg, Switzerland, May 21, 2025, Chainwire. Bitcoin Suisse, the leading Swiss crypto financial service provider, is proud to announce that its subsidiary BTCS, Middle East, Ltd. has received an in-principle approval, IPA, from the Financial Services Regulatory Authority, FSRA, of ADGM. This milestone represents a significant step forward in Bitcoin Suisse's strategic expansion, reinforcing its commitment to regulatory compliance, financial innovation, and global growth.

With this achievement, Bitcoin Suisse is set to expand into the Middle East, introducing a refined and client-centric approach to crypto finance. The granting of the IPA from ADGM's FSRA paves the way for Bitcoin Suisse to secure full licensing soon, allowing it to provide regulated crypto financial services, including trading of virtual assets, crypto securities and derivatives, as well as local custody, within the ADGM's Dynamic International Financial Center. ADGM is recognized as one of the most advanced and well-regulated jurisdictions. Its virtual asset framework is globally acknowledged for its comprehensive regulations, making

it the largest regulated hub for virtual assets in the MENA region. Greater Than The in-principle approval marks an important milestone in our global greater than expansion journey," said Seda Madsen, head of global expansion and designated senior executive officer of BTCS, Middle East, Ltd. Greater Than. It reflects our strong commitment to maintaining the highest standards of greater than transparency, security, and regulatory compliance. Abu Dhabi, one of the greater than Middle East's fastest-growing financial centers,

presents a compelling greater than opportunity for growth. We look forward to working closely with the FSRA to greater than obtain our full license and to bring our decade of experience in crypto greater than finance to the region's rapidly evolving digital asset ecosystem. Greater than Arvind Ramamurthy, chief of market development officer at ADGM, said, ADGM greater than congratulates Bitcoin Suisse on receiving its IPA from the FSRA of ADGM. Their greater than expansion plans to the region to provide regulated crypto financial services greater than within the International Financial Centre is a testament to the immense greater-than-opportunities available within Abu Dhabi.

We look forward to Bitcoin Suisse greater than receiving their financial services permission – FSP – and their contribution to greater than ADGM's dynamic ecosystem. Bitcoin Suisse has built a strong reputation as a trusted crypto financial service provider in Switzerland, offering secure and compliant crypto asset solutions for private individuals and institutional clients with its deep expertise, precision, and personal engagement. The company securely holds over USD $6 billion, 22.2 billion United Arab Emirates dirhams, in digital assets under custody and more than USD $2.6 billion, 8.9 billion United Arab Emirates dirhams, in institutional staking services, making it one of the largest providers of digital asset custody and institutional

staking solutions globally. By entering the ADGM ecosystem, Bitcoin Suisse aims to leverage the region's progressive regulatory framework to offer its clients a robust, transparent, and fully regulated platform for its crypto-financial services. The in-principle approval reflects Bitcoin Suisse's robust operational standards, commitment to risk management, and ability to meet the high standards set by regulatory authorities. As BTCS, Middle East, limited advances toward full licensing, it will continue to enhance its product suite and operation alcapabilities to best serve its international client base. About Bitcoin Suisse Bitcoin Suisse is Switzerland's leading premium crypto finance service provider.

Founded in 2013 by crypto native experts, it offers a cohesive suite of trading, staking, custody and lending services geared towards private and institutional clients. The company is headquartered in Zug and has built a team of over 200 highly qualified experts in Switzerland, Europe and the Middle East. Contact CMO German Ramirez Bitcoin Suisse AG Media at bitcoinsuisse.com This story was published as a press release by Chainwire under Hacker Noon's business blogging program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.