Bitcoin Suisse's Middle East branch receives 'in-principle' approval from Abu Dhabi Global Market for regulated crypto services.
The company aims to expand into the Middle East region, leveraging its $6 billion in assets and experience in crypto finance.
ADGM's regulatory environment attracts Bitcoin Suisse due to its robust framework for virtual assets, encouraging global businesses to enter the digital financial sector.
Bitcoin Suisse plans to offer regulated trading of virtual assets, crypto securities, and derivatives, as well as custody services in the MENA region.