FIRST BITCOIN CAPITAL CORP. (OTCmarkets: BITCF), a leading bitcoin and cryptocurrency developer, specializing in both blockchain and online merchant payment solutions for medical marijuana dispensaries and other high-risk merchant accounts and services, today announced the signing of a merchant account processing agent agreement with a credit card processor for the states of California and Oregon. Under the agreement, BITCF will provide a full suite of financial services for the medical marijuana industry: merchant processing and POS solutions through its alliance network, a fully compliant, user friendly solution to accept Credit and Debit Cards through traditional Merchant Card Processing networks. We intend to add more states as additional legal opinions are provided by our credit card processor provider’s counsel.

First Bitcoin is also developing a system that will enable dispensaries to accept Bitcoin and other cryptocurrencies as a form of legal payment. Stater of California has already enacted legislation that makes...