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Crypto
Bitcoin Suisse secures Abu Dhabi licence, targets UAE institutions
Financial firm Bitcoin Suisse has obtained a financial services permit from Abu Dhabi Global Market, allowing it to offer regulated digital asset services in the United Arab Emirates. The licence was granted to group subsidiary BTCS Middle East, enabling it to serve institutional and professional investors. The approval follows a multi-stage process with the Financial Services Regulatory Authority. The company said it will provide custody, trading and exposure management services and may support access to tokenised real-world assets.
Crypto
Bybit continues Middle East expansion despite regional tensions
Cryptocurrency exchange Bybit is accelerating its expansion in the Middle East and North Africa (MENA) market and has appointed Derek Dai as a new country manager, Cointelegraph reported on Sunday. Attention has focused on the UAE-headquartered exchange as regional tensions rise. Bybit co-CEO Helen Liu said some companies are cutting exposure to the Gulf region, while Bybit is increasing investment. Bybit plans to strengthen its local presence through expanding dirham trading and other initiatives.
Crypto
Plume Network wants to tokenise Korean assets and link them to global RWA market
Plume Network, a layer-1 blockchain focused on real-world assets, is accelerating its expansion in South Korea. It has supported the won-pegged stablecoin KRW1 through cooperation with digital asset custodian BDACS and is expanding partnerships with communities and users. CEO Chris Yin said Korean firms are already preparing infrastructure ahead of the expected rollout of a token securities system in about a year. Plume aims to bring Korean assets on-chain and distribute them to global investors.
