Leveraging its Swiss heritage in the digital asset space, Bitcoin Suisse's affiliate, BTCS (Middle East), has secured a preliminary nod from Abu Dhabi's Financial Services Regulatory Authority (FSRA). This in-principle approval (IPA) from the ADGM paves the way for the entity to potentially deliver a suite of regulated cryptocurrency services across the broader MENA landscape. The anticipated offerings include the facilitation of trading in virtual currencies, securities and derivative products collateralized by crypto, alongside secure custody solutions, all contingent upon the final regulatory green light.
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