Bitcoin Suisse to cut up to half its Swiss jobs in overseas shift

Bitcoin Suisse, one of the oldest names in Swiss crypto, is slashing up to 60 positions in Switzerland as it moves operations to cheaper locations overseas. The cuts represent roughly half of the firm’s 120-person Swiss workforce. The Zug-based company announced on September 11, 2026 that back-office, administrative, and software development roles will be consolidated into hubs in Bratislava, Slovakia, and a newly established office in Vietnam. Its IT development office in Copenhagen is also closing. From Crypto Valley to global wealth shop CEO Andrej Majcen framed the restructuring as an offensive play rather than a defensive one. The move is about international growth, not a reaction to crypto market conditions, according to Majcen. Founded in 2013, the firm was one of the original inhabitants of “Crypto Valley,” the cluster of blockchain companies that sprouted around Zug’s favorable tax and regulatory environment. For years, Bitcoin Suisse operated primarily as a Swiss crypto specialist offering trading, custody, staking, and lending services. Now it wants to be something bigger: a regulated global wealth manager targeting high-net-worth individuals and institutions. The compan...