Ripple, Coinbase, MoonPay execs to advise California on gov’t efficiency

Key Points

1. The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters on June 6.

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

3. California is home to nearly one-quarter of North America’s blockchain companies, highlighting its significance in the industry.

4. The initiative coincides with ongoing stablecoin and market structure legislation developments in the U.S.

5. The project aligns with US Crypto Week, during which key crypto-related legislative acts were reviewed.