#Ripple and #Coinbase Executives Join California Efficiency Task Force


California Governor Gavin Newsom has launched the California Breakthrough Project featuring #crypto industry leaders.


The task force includes executives from Ripple, Coinbase, and #MoonPay to advise on government efficiency.


The inaugural meeting took place at Ripple's San Francisco headquarters on June 6.


The project aims to foster collaboration between regulators and tech leaders while boosting transparency in public services.


California hosts nearly 25% of North America's approximately 800 blockchain companies.


The state's blockchain sector presents opportunities for leveraging entrepreneurship and consumer interest in Web3 technologies.


The announcement coincides with U.S. Crypto Week as Congress debates multiple crypto-related bills.


Legislation includes anti-CBDC measures, market clarity acts, and comprehensive stablecoin frameworks.

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July 16, 2025 at 12:35 PM