Bitcoin Suisse subsidiary obtains Abu Dhabi ADGM license

BTCS (Middle East), a subsidiary of the Switzerland-based financial services intermediary Bitcoin Suisse, announced it has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This license allows BTCS (Middle East) to provide cryptocurrency financial services to institutional and professional investors within the United Arab Emirates (UAE). The company had previously received an In-Principle Approval (IPA) from the FSRA last year.