California Taps Ripple, Coinbase in Blockchain-Driven Task Force to Modernize Government


California Taps Ripple, Coinbase in Blockchain-Driven Task Force to Modernize Government
Image source: CoinToday
- California launches "Breakthrough Project" to improve government with blockchain. - Ripple, Coinbase, and MoonPay join state task force. California Governor Gavin Newsom has launched the "California Breakthrough Project," a government task force aimed at improving operational efficiency and transparency. To support this initiative, Governor Newsom has tapped blockchain advisors from top cryptocurrency firms, including Ripple, Coinbase, and MoonPay. The task force held its first meeting on June 6 at Ripple's headquarters in San Francisco, highlighting California’s commitment to using blockchain technology for public service innovation. According to reports from Cointelegraph and Crypto Briefing on July 15, 2025, the initiative seeks to streamline government operations and enhance service delivery to residents. California Governor Gavin Newsom emphasized the state’s global tech leadership in a statement, saying, “As the birthplace of modern tech, our state is uniquely positioned to bring the best and the brightest together to advance our work.” California is home to approximately a quarter of North America's 800 blockchain companies, solidifying its standing as a hub for digital innovation. While the task force has not yet released specific details on its plans for blockchain implementation, its collaboration coincides with broader U.S. regulatory activity surrounding digital assets. According to CoinMarketCap, XRP (XRP) was trading at $2.917 as of July 15, 2025, at 19:09 UTC. Its 24-hour trading volume had decreased by 0.654%.
Article Info
Category
Market
Published
2025-07-15 19:14
NFT ID
PENDING
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