Bitcoin Suisse is preparing to relocate as many as half of its jobs in Switzerland to overseas locations, according to a report by Finews cited by Cointelegraph. The Swiss crypto financial services company plans to transfer back-office activities to international hubs with lower operating costs. The move comes as Bitcoin Suisse expands its global wealth and asset management business. The report did not provide further details on the affected roles, destinations or timing of the planned relocations. Bitcoin Suisse’s strategy highlights the operational changes a crypto-focused financial services firm may pursue while building its international wealth and asset management operations. The company is based in Switzerland, while the planned back-office shift would place some functions in lower-cost markets abroad.
