California Embraces Crypto for Government Modernization

California Embraces Crypto for Government Modernization
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California Governor Gavin Newsom has launched the ‘California Breakthrough Project,’ a state-backed initiative to modernize government operations with input from leading crypto firms like Ripple and Coinbase. The move signals growing trust in blockchain as core infrastructure for public services.

  • The 'California Breakthrough Project' includes crypto firms Ripple, Coinbase, and MoonPay in shaping digital infrastructure for government services.
  • Governor Newsom emphasizes blockchain's potential for transparency and efficiency in public services like licensing and benefits delivery.
  • Industry experts highlight the rare early inclusion of crypto firms in policymaking, signaling trust in blockchain as core infrastructure.
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