Bitcoin Suisse subsidiary BTCS obtains Abu Dhabi ADGM license, accelerates expansion of Middle East virtual asset business

CoinFeed July 7 news, Swiss crypto financial service provider Bitcoin Suisse Group subsidiary BTCS (Middle East) Ltd. has obtained a financial services permission (FSP) issued by the Financial Services Regulatory Authority (FSRA) under the Abu Dhabi International Financial Centre ADGM, and can provide regulated virtual asset financial services to institutional and professional clients in the UAE. BTCS ME will provide regulated digital asset trading, exposure management and hedging, institutional-grade custody and other services, and plans to support tokenized physical asset access in the future.