“The company will be leveraging the recent announcement of the Government of El Salvador to make Bitcoin (BTC) legal currency in the country. AABB will be working to target retailers in the country to accept and process payments with the AABBG token.
As the market continues to expand, establishing an early presence in El Salvador is certainly going to be important for companies all over the world that want to get access to one of the first economies to completely open itself to Bitcoin and cryptocurrencies.”
“As AABB explains, the easy and inexpensive access to virtual currencies by using digital wallets could play a massive role in reducing the costs of transactions for workers. This could definitely have a positive impact on households in El Salvador. Of course, these benefits could also be expanded to other countries if they decide to embrace virtual currencies and crypto-wallets.
About the benefits for El Salvador, AABB explained in the press release about using cryptocurrencies to send and receive payments.”
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