California Politicians Won't Be Able to Launch Meme Coins. Newsom Just Signed the Ban
Governor Gavin Newsom signed Assembly Bill (AB) 2409 on September 27, barring California public officials from issuing meme coins. The law also stops crypto platforms from selling Californians new meme coins tied to public officials. Newsom’s office pitched the package as a contrast to President Donald Trump’s own token. Who AB 2409 Puts Off-Limits Assemblymember The post California Politicians Won't Be Able to Launch Meme Coins. Newsom Just Signed the Ban appeared first on BeInCrypto.
Key Takeaways
- Governor Gavin Newsom signed Assembly Bill (AB) 2409 on September 27, barring California public officials from issuing meme coins.
- The law also stops crypto platforms from selling Californians new meme coins tied to public officials.
- Newsom’s office pitched the package as a contrast to President Donald Trump’s own token.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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