CryptoDecryptabout 1 hour ago
Newsom Bans California Officials From Meme Coins
4 min read
California Governor Gavin Newsom signed AB 2409, barring public officials and employees from issuing meme coins. Platforms cannot list official-linked tokens issued after January 1, 2027. The law lets the attorney general and local prosecutors seek injunctions and disgorgement. It follows scrutiny of Trump family crypto ventures and stalled federal ethics rules.
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