The legal marijuana market has had difficulty establishing banking relationships, given the disparities in local and federal regulation of cannabis sales. SinglePoint Inc. is developing a bitcoin-based option to address this concern.

SinglePoint is working with First Bitcoin Capital Corp., a bitcoin and blockchain technology company, to develop a bitcoin-based payment system for cannabis sellers.

Subscribe Now

Authoritative analysis and perspective for every segment of the payments industry

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry