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Tuesday, June 6, 2017

SinglePoint (OTC: $SING) and First Bitcoin Capital Partner Up In An Effort To Solve Payment Problems in the Cannabis Industry Through Bitcoin and Blockchain Alternative Payment Technology

SinglePoint (OTC: $SING) and First Bitcoin Capital Partner Up In An Effort To Solve Payment Problems in the Cannabis Industry Through Bitcoin and Blockchain Alternative Payment Technology



SEATTLE, WA - June 6, 2017 (Investorideas.com Newswire) SinglePoint, Inc. (OTC:SING), an acquisition-based company with a focus on emerging markets, today announces its initiative to develop a bitcoin payments solution in partnership with First Bitcoin Capital Corp. ( OTC : BITCF ). The two companies signed a Joint Venture agreement to develop and distribute a viable payments solution using block chain technology. First Bitcoin Capital is an industry leading Bitcoin and blockchain technology provider and SinglePoint has a deep history in distribution. The two companies believe this partnership will enable each company to focus on their core strengths to build and supply the best Bitcoin solution available.

With the massive and widespread adoption of Bitcoin worldwide, the two companies will pursue opportunities to leverage their payment technology background and develop a proprietary solution specifically for high-risk payment verticals including the cannabis industry.



Disclosure: SinglePoint, Inc. (OTC: $SING) is featured on the 420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com



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