Coinbase-backed MARA To Advise Central African Republic On Bitcoin Adoption
MARA, a cryptocurrency infrastructure company backed by Coinbase, will advise the Central African Republic on bitcoin adoption after making it legal tender.Coinbase-backed MARA will advise bitcoin adoption infrastructure in the Central African Republic. The company has recommended CAR’s government to tackle the issues of internet penetration and identification. The cryptocurrency infrastructure startup company raised $23 million from a recent fundraiser led by Coinbase. MARA, a cryptocurrency infrastructure company backed by Coinbase, will advise the President of the Central African....
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The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser to the country’s president.
Enhancing Africa’s Competitiveness
An Africa-focused crypto startup, Mara, has raised $23 million in funding for building a so-called pan-African cryptocurrency exchange, a report has said. Participating in the startup’s capital raise were....
Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research. East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users.Coinbase Ventures, Alameda Research, Huobi Ventures and other prominent venture capital firms and angel investors have contributed $23 million to launch MARA. The exchange will initially operate in Kenya and Nigeria, offering new users a basic exchange platform to acquire, trade and....
A group of Bitcoiners traveled to the Central African Republic to meet with the country’s president and discuss pathways for bitcoin adoption.
The Central African Republic (CAR) has mentioned plans of setting up a crypto hub recently. This news comes after Central African Republic legally recognized Bitcoin last month. This move of launching a “crypto hub” is in a view to attract global enthusiasts. After a lot of compliments and supposed criticisms, the local government is all […]
After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African Republic (CAR). Some of the topics discussed by the two were focused on “education, investments and crypto adoption in the Central African Republic.”
‘An Incredibly Important Step’ for the CAR
As part of his latest effort to drive adoption in Africa, Changpeng Zhao, the CEO of the global cryptocurrency exchange Binance recently met the Central African....