Can Crypto Power California’s Economy? Group Behind Calexit Studies Impact of Digital Assets

Can Crypto Power California’s Economy? Group Behind Calexit Studies Impact of Digital Assets

The group spearheading a controversial effort to separate California from the US is looking at how digital assets could impact the state if it was to be an independent nation.

Yes California, the campaign faction pushing for the so-called Calexit, has hired crypto supporter and Ziyen Energy head Alastair Caithness to study how cryptocurrencies could be used to help manage California’s assets and provide a multitude of basic services. Reports the Daily Express ,

“The policy will involve developing a blockchain-backed cryptocurrency, which democratizes ownership of the California Government’s land, resources and assets through tokenization into a usable currency.” […]

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