Coinbase-backed MARA To Advise Central African Republic On Bitcoin Adoption

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  • 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 Republic (CAR) on Bitcoin adoption following its recent declaration to make bitcoin legal tender, according to a report from Bloomberg.

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