Politics
California Just Made It Illegal for Officials to Launch Memecoins
CoinCentral·September 28, 2026·1 min read
Governor Gavin Newsom signed AB 2409, banning California public officials from issuing memecoins. The law also blocks crypto platforms from listing certain official-linked memecoins issued after Jan. 1, 2027. Newsom signed a second bill, SB 1208, expanding money laundering rules to cover digital assets. Newsom tied the new law to criticism of President Trump's.
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