Mr. Karsten Arend repots

BITRUSH CORP.'S ANOON PAYMENT SERVICE OFFERS REAL-TIME TRADING AND NEW FEATURES

Bitrush Corp.'s payment services platform, Anoon, has successfully closed its private beta period, testing its integration with the Visa payment network and the PayPal payment network.

Based on the experience and feedback gathered during the private beta testing period from July to September, 2016, Anoon advanced its platform with new features, and adjusted the global fulfilment and compliance processes around its debit card accordingly.

As of today, Anoon offers a real-time trading feature enabling users to trade with cryptocurrencies against fiat money. Using their Anoon wallets, users can buy and sell cryptocurrencies against four fiat currencies (U.S. dollars, Canadian dollars, euros and British pounds). For this purpose, Anoon integrated leading North American and European cryptocurrency exchanges via application programming interfaces to receive real-time exchange rates and execute customer orders real-time via exchange partners. One of Anoon's exchange partners is the Canadian QuadrigaCX.

As of Oct. 20, 2016, Anoon will start shipping its branded cryptocurrency-powered Visa debit card. The debit card project is done in a joint effort with licensed partner WaveCrest. WaveCrest Holdings Ltd. in Europe is a regulated e-money issuer and a principal member of MasterCard and Visa EU. WaveCrest Payment Services of the Americas Inc. is a Financial Crimes Enforcement Network-registered prepaid access provider and an issuer of Discover Network prepaid cards. The Anoon payment service platform and its respective activities are operated by Bitrush's London-based subsidiary, Anoon Ltd.

Using their Anoon debit card, users can spend their cryptocurrency credits in fiat money on-line, off-line and at automated teller machines (ATMs) globally. Together with its partner WaveCrest, Anoon has established the necessary AML/KYC (anti-money laundering/know your customer) procedures. Anoon sells its debit cards to customers in virtual and plastic versions for $5 (U.S.) and $19 (U.S.), respectively, thus achieving initial revenues. Additionally, Anoon receives fees and commissions from cryptocurrency trading and ATM transactions.

About Bitrush

Bitrush is a pioneering Canadian fintech company focused on cryptographic block chain technology.

Bitrush's core universal transaction processing technology, Anoon, includes payment processing services, gaming technologies (WaggaWagga) and on-line advertising services (AdBit).

Bitrush operates a range of websites with more than 18 million unique users/visitors per month, generating up to 50 million nanopayments and micropayments per month.

We seek Safe Harbor.