According to Cointelegraph, Bitcoin Suisse has received in-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 was obtained through its subsidiary BTCS (Middle East) and is a precursor to a comprehensive 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 she looks forward to working with the FSRA to obtain the full license. This is Bitcoin Suisse's first expansion outside the EU.