Zug’s Kolinplatz is a crypto hotspot that contains a concentrated load of Crypto Valley history.
First, the Hotel Ochsen at Kolinplatz 11, where some of the first Bitcoin meetups in Zug take place in 2014. At that time, Bitcoin is still the only cryptocurrency in the world, there is no Ethereum or any of the other 20,000 cryptocurrencies that exist today (as of January 2024). Already back then, Bitcoin enthusiasts regularly talk shop here in the Ochsen.
Second, SEBA Bank, now called Amina, is located at Kolinplatz 15. It is one of the first two Swiss crypto banks (together with Sygnum) to receive its banking license in August 2019. Cryptocurrencies have officially arrived in the Swiss financial world.
Third, Amina Bank rents the former premises of the city administration of Zug, which is now located at Gubelstrasse 22. The city’s famous first bitcoin transaction takes place in this building on July 1, 2016, when Zug accepts bitcoin as payment for some administrative fees. This bold move positions Crypto Valley as a global hotspot overnight and breathes credibility into the nascent crypto boom.
