First Bitcoin Capital has seen its publicly-traded shares suspended by the SEC until 7 September 2017. The company is also being investigated for allegedly failing to register as a money transmitter under US law. In a statement that will likely make waves in the cryptocurrency community, the SEC announced it has suspended shares of the publicly traded First Bitcoin Capital (BITCF). First Bitcoin Capital presently operates a cryptocurrency exchange, as well as travel and retail businesses, and a line of Bitcoin ATMs under the BitCannPay label.
First Bitcoin Capital has seen its publicly-traded shares suspended by the SEC until 7 September 2017. The company is also being investigated for allegedly failing to register as a money transmitter under US law. First Bitcoin Capital presently operates a cryptocurrency exchange, as well as travel and retail businesses, and a line of Bitcoin ATMs under the BitCannPay label.