SendTech Times
News
REGIONAL MARKET:

Bitcoin Suisse Wins ADGM Licence For Institutional Crypto Services

Newsroom brief

Bitcoin Suisse has received an ADGM Financial Services Permission for its Abu Dhabi subsidiary BTCS (Middle East) Ltd. , allowing custody, approved virtual-asset trading and portfolio management for institutional and professional investors. The firm cited $3.7 billion in crypto assets under custody, while UAE clients, launch volumes and retail availability remain outside the announcement.

Verified against source materialEdited by SendTech Times Capital & Policy DeskSource: Unlock Blockchain
Bitcoin Suisse Wins ADGM Licence For Institutional Crypto Services

Bitcoin Suisse has secured an ADGM licence in the UAE for institutional crypto services, giving its Abu Dhabi subsidiary permission to offer custody, approved virtual-asset trading and portfolio management inside the emirate's financial free zone.

The Bitcoin Suisse ADGM licence in UAE coverage matters because the permission is limited to institutional and professional investors, not retail clients.

Bitcoin Suisse cited $3.7 billion in crypto assets under custody, while the announcement still left customer names, launch volumes and retail timing outside the public record.

ADGM FSP Covers Custody, Trading And Portfolio Management

BTCS (Middle East) Ltd. received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market.

The approval allows the subsidiary to provide regulated digital-asset financial services across the UAE under ADGM's framework.

Bitcoin Suisse said the permission followed a multi-stage licensing process.

The approved services listed in the announcement were institutional-grade custody, trading of approved virtual assets and digital-asset portfolio management.

The licence does not create a mass-market crypto product.

The announcement says the services are for institutional and professional investors, which keeps the new Abu Dhabi operation closer to regulated market infrastructure than to a retail exchange launch.

Bitcoin Suisse Cites $3.7 Billion In Custody

Bitcoin Suisse said it was founded in 2013 and currently safeguards about $3.7 billion in crypto assets.

The company also described itself as the world's fourth-largest staking operator.

Those figures come from the company announcement rather than independent customer adoption data.

They show the size Bitcoin Suisse is presenting to Abu Dhabi regulators and institutional clients, but they do not identify the first UAE mandates or assets expected to move through the new subsidiary.

The company also said it plans to support clients seeking exposure to tokenised real-world assets as that market develops.

Product dates, eligible asset classes and named issuers for that extension remain outside the announcement.

ADGM Names Digital-Asset Regulatory Clarity

Ceyda Majcen, chief executive of BTCS (Middle East) Ltd. , said the licence was a milestone in Bitcoin Suisse's international growth plans and reflected investment in digital-asset infrastructure, risk management and institutional client services.

Arvind Ramamurthy, chief market development officer at ADGM, said Bitcoin Suisse's entry reinforced the maturity of the financial centre's digital-asset ecosystem.

He also said ADGM remained focused on regulatory clarity and long-term growth in virtual assets.

The approval gives Abu Dhabi another named international crypto firm inside its licensing regime.

The public record still lacks named UAE clients, expected assets under management in Abu Dhabi, transaction volumes, retail availability, pricing or a launch timetable for tokenised real-world asset services.

Share this article
inXf

Related articles

More
Revolut Adds VARA Crypto Approval To UAE Payments Licences
Fintech & Digital Payments

Revolut Adds VARA Crypto Approval To UAE Payments Licences

PYMNTS reported that Revolut received in-principle VARA approval for a UAE VASP licence, weeks after Central Bank of the UAE payment licences. PYMNTS said final approval is still required, with the UAE launch date, crypto pricing and first customer numbers outside the public record.

Circle OCC Approval Creates Federal Trust Bank Route For USDC Custody
Fintech & Digital Payments

Circle OCC Approval Creates Federal Trust Bank Route For USDC Custody

Final OCC approval for Circle National Trust creates a federally supervised custody route for USDC, but the bank opening date, first institutional customers and reserve-management migration timing remain outside the public record.

SBI Takes Majority Control Of Coinhako After MAS Approval
Fintech & Digital Payments

SBI Takes Majority Control Of Coinhako After MAS Approval

e27 reported that SBI Holdings acquired a majority stake in Singapore crypto exchange Coinhako after MAS approval, using a capital injection and share purchase to turn the platform into a consolidated subsidiary. Financial terms and product timelines were not disclosed.

Taiwan Crypto Law Sets FSC Licences And 100% Stablecoin Reserves
Fintech & Digital Payments

Taiwan Crypto Law Sets FSC Licences And 100% Stablecoin Reserves

CoinDesk reported that Taiwan approved the Virtual Asset Service Act, requiring crypto platforms to obtain FSC licenses while stablecoin operators face central-bank approval and 100% reserves. The law sets penalties, but the start date and first approvals remain unnamed.

Sony Wins OCC Conditional Trust Charter For Stablecoin Unit
Fintech & Digital Payments

Sony Wins OCC Conditional Trust Charter For Stablecoin Unit

Sony disclosed that the OCC has conditionally approved a U.S. national trust bank for Connectia Trust, a Sony Financial Group subsidiary that would issue and manage dollar-denominated stablecoins. Sony said the unit will be capitalised at $40 million, while trade groups and consumer advocates objected to the charter path.

Copper ME Gets ADGM Approval Step, But Final FSRA Authorisation Still Pending
Crypto/Web3

Copper ME Gets ADGM Approval Step, But Final FSRA Authorisation Still Pending

Copper ME has received in-principle approval from ADGM’s FSRA to expand regulated digital-asset activities, with custody, settlement, collateral management and tokenised fund brokerage still subject to final authorisation.

Sberbank Plans Crypto Wallet As Russia Sets September Digital-Asset Law
Fintech & Digital Payments

Sberbank Plans Crypto Wallet As Russia Sets September Digital-Asset Law

Sberbank plans to add a crypto wallet and digital depository to Sberbank Online and SberInvestments by December if Russia’s digital-asset bill takes effect as expected on Sept. 1. The plan follows years of central-bank resistance and leaves fees, eligible tokens and launch conditions outside the public record.

Augustus Raises $180m For Dollar Rails Across Emerging-Market Fintechs
Fintech & Digital Payments

Augustus Raises $180m For Dollar Rails Across Emerging-Market Fintechs

Augustus announced a $180 million Series B at a $1 billion valuation, with funding aimed at dollar accounts, payment rails and stablecoin-enabled banking for fintechs and banks across Latin America, Southeast Asia, the Middle East and Africa.

Keep Reading

More Stories

Latest
Ethereum Testnet Update Targets 200 Million-Gas BlocksCrypto/Web3Oct 6, 2026Ethereum Testnet Update Targets 200 Million-Gas BlocksEthereum developers released Prysm 7.2.1 so the Sepolia trial of Glamsterdam can test 200 million-gas blocks, more than three times the prior 60 million setting, before any main-network change.Kepler Targets 2027 Production for HBM Replacement MemoryCloud & Data CentersOct 6, 2026Kepler Targets 2027 Production for HBM Replacement MemoryEE Times reports that Kepler Computing is preparing 3D ferroelectric memory for 2027 production, promising higher capacity and bandwidth per watt while limiting reliance on advanced-node lithography.Yokogawa Opens Singapore Hub For Industrial Cyber ResilienceCapital & PolicyOct 6, 2026Yokogawa Opens Singapore Hub For Industrial Cyber ResilienceYokogawa Engineering Asia has launched a Singapore center focused on OT cyber resilience, training, response planning and recovery coordination for Southeast Asia, Oceania and Taiwan.ClickFix Attack Uses Browser Cache To Hide Malware PayloadCybersecurityOct 6, 2026ClickFix Attack Uses Browser Cache To Hide Malware PayloadMicrosoft Threat Intelligence traced a ClickFix cache-smuggling method that preloads malware into browser caches, then uses file size checks and a pasted Run command to launch later credential-theft stages.VOA Tests Six-Month Startup Buildout Before Funding DecisionsFintech & Digital PaymentsOct 6, 2026VOA Tests Six-Month Startup Buildout Before Funding DecisionsTechCabal’s interview with VOA Venture Partners founder Victoria Olayide Adesanya describes a six-month build programme that lets the firm work inside African financial-infrastructure startups before deciding whether to invest.Bitcoin Holds $86,000 As Dollar Index Hits 18-Month HighCrypto/Web3Oct 6, 2026Bitcoin Holds $86,000 As Dollar Index Hits 18-Month HighCoinDesk reported that bitcoin stayed near $86,000 while the U.S. Dollar Index reached about 102.5, with U.S. rate expectations and European political risks strengthening the dollar backdrop.Google Freezes OSS Bug Bounty Reports After AI Submission FloodCybersecurityOct 6, 2026Google Freezes OSS Bug Bounty Reports After AI Submission FloodGoogle has stopped accepting new product vulnerability reports in its OSS VRP after invalid automated submissions swamped reviewers, while older reports and some Cloud VRP routes remain open.Fleuret AI Raises €4M For Continuous AI Pentesting PlatformCybersecurityOct 6, 2026Fleuret AI Raises €4M For Continuous AI Pentesting PlatformTech.eu reported that French startup Fleuret AI raised €4 million in pre-seed funding to develop an agentic-AI platform that turns penetration testing into a continuous security process.GFT Analysis Says AI Documentation Can Cut Maintenance Work 30%Fintech & Digital PaymentsOct 6, 2026GFT Analysis Says AI Documentation Can Cut Maintenance Work 30%A GFT Technologies analysis says AI-linked software documentation can cut maintenance effort and speed developer onboarding when knowledge assets stay synchronized with code changes.Schneider Electric Lines Up $22.6 Billion PTC DealAIOct 5, 2026Schneider Electric Lines Up $22.6 Billion PTC DealSchneider Electric plans to buy PTC in a cash transaction valuing the US engineering software provider’s equity at about $22.6 billion, adding product-lifecycle software to its industrial AI push.Aggarwal Pledges Ola Electric Stake To Fund ₹1,000 Cr Rights IssueCapital & PolicyOct 5, 2026Aggarwal Pledges Ola Electric Stake To Fund ₹1,000 Cr Rights IssueOla Electric founder Bhavish Aggarwal pledged 20 Cr shares to finance his participation in a rights issue that forms part of a larger ₹1,500 Cr fundraising plan.Natrona Schools AI Review Puts Student Privacy Ahead Of Classroom Tool UseAIOct 5, 2026Natrona Schools AI Review Puts Student Privacy Ahead Of Classroom Tool UseNatrona County trustees questioned whether teacher AI tools expose student data, even as existing district rules already ban unauthorized generative AI use by students.