According to an email shared by the Bermuda Monetary Authority (BMA), Bitcoin Suisse (International) Ltd. has received dual regulatory approvals. Bitcoin Magazine.
Bermuda Monetary Authority has granted an entity Class F licence under Bermuda’s Digital Asset Business Act and Class B Registration under Investment Business Act, 2003.
These approvals are granted before the start of operations. Bitcoin Suisse Provide regulated digital asset and investment advisory service to professionals and institutions. It is headquartered in Hamilton, Bermuda and is a sub-company of BTCS Holding Ltd.
The DABA registration covers regulated business services in digital assets, while IBA permits discretionary investment advice and portfolio management.
According to the company, clients may choose between fiat money, stablecoins or Bitcoins for funding mandates. This entity is not a custodian, but relies on banks that are regulated as custodians to ensure institutional security.
Andrej Majcen (Co-Founder and CEO Group of Bitcoin Suisse) characterized the approvals for global ambitions by the company as a pivotal moment.
“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 stated. “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. A dedicated CIO Office will support all client mandates.
Bermuda, one of first global regulatory hubs for digital assets since the introduction of the Digital Asset Business Act (DABA) in 2018, has established itself as the leading jurisdiction in terms of regulation of these assets. Its robust regulatory framework has drawn crypto-native companies seeking offshore access and institutional credibility.
Bitcoin Suisse has an established international presence. The Financial Services Regulatory Authority of Abu Dhabi Global Market granted an In Principle Approval to the group, establishing a regulated foothold in the Middle East. Both jurisdictions are the cornerstone of an expansion strategy that targets ultra-high-net worth individuals, family office, external asset management, and corporate counterparties.
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Source: bitcoinmagazine.com
