The California Breakthrough Project enlists crypto executives to streamline state operations, aiming for enhanced efficiency and transparency in government services.
California Governor Gavin Newsom announced the California Breakthrough Project on July 15, involving executives from Coinbase, Ripple, and MoonPay to enhance state operations. The initiative aims to identify bottlenecks in procurement and service delivery, with an executive order mandating efficiency proposals from cabinet agencies. Separately, Coinbase is supporting Fairshake, a crypto-focused super PAC, contributing $25 million to its efforts.