According to Cointelegraph, Bitcoin Suisse has obtained in-principle approval (IPA) from the Financial Services Regulatory Authority of Abu Dhabi Global Market, marking an important step in its expansion into the Middle East. This approval, obtained through its subsidiary BTCS (Middle East), is a precursor 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, offers opportunities for growth. Majcen announced on X that they look forward to working with the FSRA to obtain a full license. This marks Bitcoin Suisse's first expansion beyond the European Union.

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