Web3
California Gov. Newsom Signs AB 2409 Ban on Official Trump (TRUMP)-Style Meme Coins
COINOTAG·September 28, 2026·1 min read
California Governor Gavin Newsom signed AB 2409 on Sept. 27, banning state officials from launching meme coins after TRUMP buyers lost $3.81 billion. The law's platform rules take effect Jan. 1, 2027, aiming to protect investors from similar political token schemes.
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