Key Takeaways:
- California launched the Breakthrough Project, enlisting crypto and tech leaders to improve government efficiency and innovation.
- The initiative includes executives from Ripple, Coinbase, MoonPay, and other tech firms, aiming to tackle systemic inefficiencies and uphold ethical standards.
- While not blockchain-specific, the project leverages California’s dominance in crypto, with one-quarter of North America’s blockchain firms based in the state.
California Governor Gavin Newsom has launched the California Breakthrough Project, a new initiative aimed at boosting government efficiency through collaboration with top crypto and tech leaders.
The project brings together executives from Ripple, Coinbase, MoonPay, and other major firms like Instacart, Snapchat, and defense tech company Anduril.
🚨NEW: California Governor @GavinNewsom has announced the launch of the California Breakthrough Project with top leaders from @Ripple, @coinbase, @moonpay and more to “advise and advance government efficiency and collaboration.”
— Eleanor Terrett (@EleanorTerrett) July 15, 2025
The task force, which met for the first time on… pic.twitter.com/ExXuQZ2KQ5
Angel investor Ron Conway is also part of the advisory group.
The task force held its first meeting on June 6 at Ripple’s San Francisco headquarters.
It seeks to streamline government services, encourage challenge-based innovation, and uphold transparency and ethical standards in the reform process.
Although no specific blockchain applications have been announced, California’s strong crypto presence positions it well for future tech-driven reforms.
According to the Interagency Web3 Report, nearly 25% of North America’s 800 blockchain companies are based in the state.
The announcement comes amid rising U.S. legislative attention to crypto, with stablecoin and market structure proposals under discussion during Crypto Week in the House of Representatives.
Governor Newsom emphasized California’s role as a leader in innovation, saying the state is “uniquely positioned” to modernize governance.
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Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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