California Bans Public Officials From Issuing Meme Coins

TLDR Governor Gavin Newsom signed AB 2409 on Sept. 27, banning California public officials from issuing meme coins. Starting Jan. 1, 2027, crypto platforms cannot list new meme coins tied to federal, state or local officials for California residents. The law uses civil enforcement, allowing the attorney general and local prosecutors to seek injunctions and [...]

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