NetworkNewsBreaks – Asia Broadband Inc. (AABB) A

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Announces Progress, Expected Launch Timeline for Its Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) today announced that it has continued to achieve numerous development milestones in the initial months of building its proprietary cryptocurrency exchange (the “Exchange”). Subsequent to the recent launch of the company’s gold-backed token (“AABBG”), created with developer Core State Holdings Corp. (“CSHC”), AABB’s own proprietary cryptocurrency Exchange version of AABB Wallet has been under development. The Exchange will allow AABB Wallet users to complete quick two-way exchanges of their AABBG tokens for major cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The proprietary Exchange will also add tremendously to transaction fee revenues and allow for the price appreciation of AABBG beyond the price of gold, influenced by market demand and the limited supply of tokens released into circulation. After several months of development, the completion timeline for the Exchange is on path for testing in mid-August with the live launch expected in early September. At that time, two forms of exchange will be available for users. The Quick Exchange will allow for the rapid trade of one currency for another at the best offered price, while the Advanced Exchange will allow users to manually set, buy or sell orders at a selected price.

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