From Cointelegraph

May 21, 2025 06:12:00 AM:

Bitcoin Suisse received in-principle approval from Abu Dhabi Global Market, paving the way for expanded crypto services beyond the EU. The approval precedes a full financial license for offerings like digital asset trading and custody solutions. This marks the firm’s first expansion outside of the EU, emphasizing commitment to transparency and compliance.

Crypto firms are eyeing the Middle East as the next global crypto hub due to favorable regulatory environments. Circle, issuer of USDC stablecoin, and Stacks Asia DLT Foundation have both received in-principle approval from the FSRA in Abu Dhabi. Stacks Foundation aims to advance progressive regulatory frameworks and develop a Bitcoin Capital Activation Framework for global Bitcoin utility.

Read more at Cointelegraph: Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi