Site icon Adarsh News

Bitcoin Suisse Secures Bermuda Regulatory Approvals for International Digital Asset Expansion

Bitcoin Magazine

Bitcoin Suisse Secures Bermuda Regulatory Approvals for International Digital Asset Expansion

Bitcoin Suisse (International) Ltd., an affiliate of the Switzerland-based Bitcoin Suisse Group, has obtained dual regulatory approvals from the Bermuda Monetary Authority, according to a note shared with Bitcoin Magazine. 

The Bermuda Monetary Authority (BMA) granted the entity a Class F license under Bermuda’s Digital Asset Business Act (DABA) and a Class B registration under the Investment Business Act 2003. 

The approvals, granted on a pre-operational basis, authorize Bitcoin Suisse to provide regulated digital asset management and investment advisory services to professional and institutional clients. The entity is domiciled in Hamilton, Bermuda, and is a subsidiary of BTCS Holding Ltd., the group’s parent holding company.

The DABA license covers the provision of regulated digital asset business services, while the IBA registration permits investment advisory and discretionary portfolio management. 

Clients may fund mandates in Bitcoin, stablecoins, or fiat currency, the company said. The entity operates on a non-custodial basis, relying on regulated custodial providers and partner banks for institutional-grade security.

Andrej Majcen, Co-Founder and Group CEO of Bitcoin Suisse, framed the approvals as a turning point for the firm’s global ambitions. 

“Institutional investors recognize digital assets as a permanent part of their portfolios. What they need is a partner who combines deep crypto-native expertise with the governance and regulatory standards they expect from traditional financial services,” Majcen said. “The BMA approvals mark an important step in Bitcoin Suisse’s transition towards a global wealth management platform.”

Multi-region bitcoin expansion strategy

Investment decisions will draw on Bitcoin Suisse’s proprietary Crypto Analysis Framework and its Global Crypto Taxonomy — a classification system covering approximately 600 digital assets across six sectors, developed over more than a decade of research. An experienced CIO Office and dedicated research function will underpin all client mandates.

Bermuda has positioned itself as a global hub for digital asset regulation since introducing the Digital Asset Business Act in 2018, one of the first comprehensive frameworks of its kind in the world. The jurisdiction’s regulatory architecture has attracted crypto-native firms seeking institutional credibility and offshore reach.

The Bermuda approvals build on Bitcoin Suisse’s existing international presence. The group holds an In-Principle Approval from the Financial Services Regulatory Authority of the Abu Dhabi Global Market, establishing a regulated footprint in the Middle East. Together, the two jurisdictions form the foundation of a multi-region expansion strategy targeting ultra-high-net-worth individuals, family offices, external asset managers, and corporat   

Exit mobile version