A long-established Swiss institution has obtained an ADGM license, adding another player to the Middle East compliance battlefield.

CoinWorld News, Wu has learned that the Swiss crypto financial services firm Bitcoin Suisse has announced that its subsidiary BTCS (Middle East) Ltd. has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). The license allows eligible institutions and professional investors—including custody, spot trading, and derivative execution and hedging services. Bitcoin Suisse said that, following Switzerland, Bermuda, and the European Economic Area (MiCA), Abu Dhabi has become its fourth regulated jurisdiction, further advancing its global crypto wealth management business plan.