According to Cointelegraph, Bitcoin Suisse has received a principle approval (IPA) from the Abu Dhabi Global Market Financial Services Regulatory Authority, marking an important step in its expansion into the Middle East. This approval is obtained through its subsidiary BTCS (Middle East) and is a prelude to a full financial services license that will allow the provision of regulated crypto financial services. Ceyda Majcen, Head of Global Expansion at BTCS (Middle East), stated that this approval reflects the company's commitment to transparency, security, and compliance. Abu Dhabi, as a rapidly growing financial center in the Middle East, provides opportunities for growth. Majcen announced on X that they look forward to collaborating with FSRA to obtain a full license. This marks Bitcoin Suisse's first expansion outside the EU.

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