Bitcoin Suisse subsidiary gains IPA for crypto services from Abu Dhabi regulators

BTCS (Middle East), a subsidiary of Swiss crypto financial services provider Bitcoin Suisse, has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Crypto Briefing reported. Pending final approval, the firm will be authorized to offer regulated crypto financial services in the MENA region, including trading of virtual assets, crypto-backed securities and derivatives, and custody services.