Foresight News reports that California Governor Gavin Newsom has announced the launch of the 'California Breakthrough Project', which will collaborate with executives from leading cryptocurrency companies such as Ripple, Coinbase, and MoonPay, aiming to 'enhance government efficiency and promote collaboration'. The inaugural meeting of this working group was held on June 6 at Ripple's San Francisco headquarters, with participating companies including tech firms like Instacart, Snapchat, Anduril, as well as angel investor Ron Conway.