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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

OpenPaid secures MiCA licence amid Europe’s growing stablecoin adoption

OpenPaid has received approval under the European Union’s MiCA crypto rules, allowing it to provide regulated crypto services across the European Economic Area. The company can operate as a crypto-asset service provider and offer on- and off-ramp services between fiat currencies and stablecoins. The licence was issued by Malta’s Financial Services Authority, which has also granted MiCA licences to OKX and Gemini.