Zug

city
Trusted third party

The small Swiss city that birthed Crypto Valley — the Ethereum Foundation incorporated here in 2014, and roughly 719 blockchain companies now call the canton home. Canton Zug accepts Bitcoin and Ether for tax bills up to CHF 1.5 million, settled to francs via Bitcoin Suisse. But everyday use is thin: about 120 crypto tax payments by mid-2025, amid Switzerland's highest living costs.

On the ground

  • Acceptance: a handful of accepting venues — a Spar supermarket on Lightning, a restaurant, an auto centre, and city counters
  • Cost: The most expensive city in Switzerland (~$4,500/month single-person all-in), offset by the country's lowest cantonal income taxes and health premiums.
  • Last updated: 2026-07-03

The legal layer: Switzerland

Capital gains on crypto are tax-free for private individuals; holdings are subject to annual cantonal wealth tax (roughly 0.1–1% depending on canton), staking and mining income is taxed as income, and professional-trader classification converts gains into taxable income.

Full Switzerland breakdown →