California Governor Spotted Visiting Ripple’s San Francisco Headquarters: What Happened?

Jakarta, Pintu News – The Governor of California, Gavin Newsom, was recently spotted visiting the headquarters of Ripple, a San Francisco-based blockchain company. The visit took place in early July and made headlines, given that Ripple is one of the big names in the cryptocurrency and blockchain industry. The visit is part of a new initiative that Newsom is working on to improve the efficiency of the state government through collaboration with local tech leaders.

The project, named the “California Breakthrough Project,” aims to bring artificial intelligence (AI) and blockchain-based innovations from the private sector to the public sector. In his statement, Newsom emphasized that California, which could become the fourth largest economy in the world, is the cradle of modern technology. Therefore, the state is believed to be able to gather the best experts to create technological advancements that benefit society.

Collaboration between Industry and Government Leaders

The meeting that took place at Ripple HQ was also attended by a number of well-known personalities from various sectors, including cryptocurrency, fintech, logistics, and defense technology. Some of the big names present at the meeting included Chris Larsen, executive chairman of Ripple; Asheesh Birla, former general manager of Ripple; Jeff Lawson, CEO of Twilio; Ron Conway, founder of SV Angel; and Jason Wheeler, former CFO of Tesla. Larsen was seen sitting directly across from Newsom during the meeting, further strengthening the synergy between Ripple and the California government in discussing the future of blockchain technology.

The presence of these industry leaders shows that collaboration between the public and private sectors is increasingly important to drive innovation and efficiency in government. Newsom is committed to integrating the latest technology in California state government to support advanced economic and social development.

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Increasingly Clear Cryptocurrency Regulation in California

This visit also reminds us of the steps Newsom has taken regarding cryptocurrency regulation. In May 2022, the California Governor issued an executive order to create a clear regulatory environment for digital asset companies. In addition, in October 2023, Newsom also approved a very important crypto regulation law. Although this law was originally scheduled to take effect this month, its implementation has been delayed until July 2026, giving the government more time to ensure proper rules in the ever-evolving crypto industry.

These steps reflect Newsom’s commitment to making California a center of technological innovation, particularly in the areas of blockchain and cryptocurrency. These initiatives also demonstrate California’s role as a prime mover in the development of clearer regulations and support for the advancement of the crypto industry in the United States.

Conclusion

Governor Gavin Newsom’s visit to Ripple’s headquarters marks the start of closer collaboration between the California government and the technology sector, specifically blockchain and cryptocurrency. Through the “California Breakthrough Project,” Newsom seeks to bring innovations from the private sector into government for better efficiency. Going forward, these developments could influence clearer policies and regulations for the cryptocurrency industry, which is increasingly important to the global economy.

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Reference:

• U.Today. California Governor Spotted at Ripple HQ. Accessed July 16, 2025.