Bitcoin Suisse Wins Bermuda Asset License and IBA Approval

Bitcoin Suisse (International) Ltd., the Hamilton‑domiciled affiliate of the Bitcoin Suisse Group, obtained a Class F license under Bermuda’s Digital Asset Business Act and a Class B registration under the Investment Business Act 2003 from the Bermuda Monetary Authority. The approvals were granted on a pre‑operational basis and are subject to customary conditions before the firm may begin regulated services.

The authorizations permit the entity to provide investment advisory services and discretionary portfolio management to professional and institutional clients outside Switzerland once pre‑operational requirements are completed. The DABA license covers regulated digital asset business activities and the IBA registration licenses investment advisory and discretionary portfolio management under Bermuda law.

Bitcoin Suisse (International) Ltd. is fully owned by BTCS Holding Ltd. and will operate on a non‑custodial basis, using regulated custodial providers and partner banks to hold client assets. Clients will be able to fund mandates in bitcoin, stablecoins or fiat currency. The entity plans to support discretionary mandates, investment advisory arrangements and proprietary investment strategies for family offices, external asset managers, ultra‑high‑net‑worth individuals and corporate counterparties.

An office of the chief investment officer and a dedicated research team will guide investment decisions. The firm will use its internal Crypto Analysis Framework and a Global Crypto Taxonomy that classifies about 600 digital assets across six sectors, built from more than a decade of in‑house crypto research.

The Bermuda approvals sit alongside an In‑Principle Approval the group holds from the Financial Services Regulatory Authority of the Abu Dhabi Global Market and form part of the company’s international expansion to serve clients in the Middle East and other jurisdictions under regulated frameworks.

Bermuda enacted the Digital Asset Business Act in 2018 and the Bermuda Monetary Authority assesses governance, compliance infrastructure and operational readiness when granting licenses and registrations under the law.

Bitcoin Suisse AG was founded in 2013 and is headquartered in Zug, Switzerland. The group provides trading, custody, staking and lending services to institutional clients, crypto foundations, family offices, asset managers and high‑net‑worth individuals, and employs more than 200 staff across Switzerland, Europe and the Middle East.

Andrej Majcen, co‑founder and group CEO of Bitcoin Suisse, commented that institutional investors increasingly view digital assets as a permanent part of portfolios and that the approvals enable the firm to offer regulated services to international clients.