Abu Dhabi: Swiss crypto financial services provider Bitcoin Suisse has received regulatory approval to expand its presence in the UAE after its subsidiary, BTCS (Middle East) Ltd, was granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
The approval authorizes the company to offer regulated digital asset financial services to institutional and professional investors across the UAE, reinforcing Abu Dhabi’s growing position as a regional hub for digital assets and financial technology.
The Middle East business is led by Ceyda Majcen, Chief Executive Officer of BTCS ME, who is overseeing Bitcoin Suisse’s regional expansion strategy.
According to the company, Bitcoin Suisse brings more than a decade of experience in digital asset markets, having navigated multiple cryptocurrency market cycles since its founding in 2013. The firm currently safeguards approximately $3.7 billion in crypto assets and says it ranks among the world’s largest staking operators.
The latest regulatory approval reflects the increasing number of international wealth management and fintech firms establishing licensed operations in Abu Dhabi and Dubai. Several Switzerland-based financial institutions have recently expanded into the UAE, attracted by the country’s supportive regulatory framework for digital assets.
Among them is AMINA Bank, which already operates in Abu Dhabi, while Maerki Baumann, a Zurich-based private bank, recently secured FSRA approval to establish a regional branch in Abu Dhabi as part of its Middle East expansion plans. The bank is known for serving technology businesses and clients involved in the digital asset sector.
With its new license, Bitcoin Suisse will provide institutional-grade infrastructure for professional investors, including digital asset trading, custody, staking, lending, and solutions designed to help clients manage and hedge cryptocurrency exposure.
Headquartered in Zug, Switzerland, Bitcoin Suisse employs more than 200 people across Switzerland, Liechtenstein, the UAE, and Bermuda, serving institutional investors, family offices, asset managers, digital asset foundations, and high-net-worth individuals.
