The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett.
California Governor Gavin Newsom has launched a new government efficiency task force that includes representatives from various crypto firms, potentially signaling the state’s recognition that blockchain technology could enhance public services.
The task force, dubbed California Breakthrough Project, has tapped executives from Ripple, Coinbase, MoonPay and others to “advise and advance government efficiency and collaboration,” journalist Eleanor Terrett reported Tuesday.
According to Terrett, the task force held its inaugural meeting at Ripple’s San Francisco headquarters on June 6. It aims to foster collaboration between California regulators and industry leaders across the technology and business sectors, address government inefficiencies and boost transparency around public services.