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Trading of First Bitcoin Capital temporarily suspended

August 24, 2017 by Beatrice OZANNE

By the decision of the US Securities and Exchange Commission (SEC), trading of the shares of the publicly traded bitcoin firm First Bitcoin Capital has been temporarily suspended.

Citing concerns over the information published by the First Bitcoin Capital, which includes the claimed value of the company’s assets, the SEC suspended its shares trading until at least September 7.

First Bitcoin Capital is based in Canada and its various cryptocurrency-related businesses include a network of ATMs and a bitcoin exchange.

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