Founded in 2013, Bitcoin Suisse played a significant role in developing the country’s crypto ecosystem and has been a key contributor to Switzerland’s Crypto Valley — a Switzerland-based blockchain ecosystem valued at more than $500 billion.Crypto Valley Unicorns.Source: CvVc.comRelated: Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claimsCrypto firms bet on Middle East as next global crypto hubIncreasingly more crypto firms are expanding into the Middle East, seeing the region as the next potential global crypto hub due to its business-friendly regulatory licensing environment.
As part of the partnership, the Stacks Foundation aims to advance progressive regulatory frameworks in the Middle East.“We’re not just focused locally — our team is engaged in global conversations, advocating for frameworks that balance decentralization, security, innovation, and compliance surrounding the unlocking of Bitcoin capital,” Kyle Ellicott, executive director at Stacks Asia DLT Foundation, told Cointelegraph.
Bitcoin Suisse secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking a major step in the Swiss crypto firm’s expansion beyond the European Union.
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Author / Journalist: Cointelegraph by Zoltan Vardai
The story "Bitcoin Suisse eyes UAE expansion with regulatory nod in Abu Dhabi" has 444 words across 15 sentences, which will take approximately 2 - 4 minutes for the average person to read.
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