Bitcoin $BTC Suisse Cuts Up to 60 Swiss Jobs in Global Expansion Push.
** BitcoinSuisse plans to move back-office and dev roles from Switzerland to Bratislava and Vietnam, closing its Copenhagen hub as it targets global wealth management clients. **
Crypto Business & Institutional Finance News
Bitcoin Suisse is cutting up to half its Swiss workforce as it moves key functions overseas. The Zug-based crypto financial services firm plans to eliminate up to 60 of its approximately 120 Swiss positions. The roles being cut are primarily in back-office and administrative functions.
CEO and co-founder Andrej Majcen confirmned the plans to Swiss financial publication Finews, which first reported the restructuring on Sept. 11. He said the decision was driven by cost and was part of a wider international growth strategy. He was clear that it was not a reaction to difficult conditions in the crypto market.
The restructuring gives the company a leaner cost base in Switzerland. Savings from the offshore shift are expected to be redirected toward building the wealth management operation. The move reflects a broader trend among crypto firms seeking to compete for institutional capital by lowering operational costs.
Licenses Secured Across Europe, Bermuda and the Middle East
Bitcoin Suisse has been expanding its regulatory footprint alongside the restructuring. Its Liechtenstein subsidiary received authorization under the EU's Markets in Crypto-Assets (MiCA) framework in June 2026. That authorization allows it to serve clients across selected European Economic Area markets. The company also secured a license in Bermuda earlier this year.
In July 2026, Bitcoin Suisse's Middle East subsidiary received full regulatory approval in Abu Dhabi. The combination of cost reduction at home and licensing expansion abroad gives the firm the structure it needs to pursue wealth management clients globally. Those clients expect both regulatory credibility and an international footprint, two things Bitcoin Suisse is actively building.
From: CMC Crypto News.
#BTC #crypto #IA
** BitcoinSuisse plans to move back-office and dev roles from Switzerland to Bratislava and Vietnam, closing its Copenhagen hub as it targets global wealth management clients. **
Crypto Business & Institutional Finance News
Bitcoin Suisse is cutting up to half its Swiss workforce as it moves key functions overseas. The Zug-based crypto financial services firm plans to eliminate up to 60 of its approximately 120 Swiss positions. The roles being cut are primarily in back-office and administrative functions.
CEO and co-founder Andrej Majcen confirmned the plans to Swiss financial publication Finews, which first reported the restructuring on Sept. 11. He said the decision was driven by cost and was part of a wider international growth strategy. He was clear that it was not a reaction to difficult conditions in the crypto market.
The restructuring gives the company a leaner cost base in Switzerland. Savings from the offshore shift are expected to be redirected toward building the wealth management operation. The move reflects a broader trend among crypto firms seeking to compete for institutional capital by lowering operational costs.
Licenses Secured Across Europe, Bermuda and the Middle East
Bitcoin Suisse has been expanding its regulatory footprint alongside the restructuring. Its Liechtenstein subsidiary received authorization under the EU's Markets in Crypto-Assets (MiCA) framework in June 2026. That authorization allows it to serve clients across selected European Economic Area markets. The company also secured a license in Bermuda earlier this year.
In July 2026, Bitcoin Suisse's Middle East subsidiary received full regulatory approval in Abu Dhabi. The combination of cost reduction at home and licensing expansion abroad gives the firm the structure it needs to pursue wealth management clients globally. Those clients expect both regulatory credibility and an international footprint, two things Bitcoin Suisse is actively building.
From: CMC Crypto News.
#BTC #crypto #IA
