Sports
California Passes AB 2409 Meme Coin Ban From 2027, Trump's TRUMP Token Exempt
COINOTAG·August 28, 2026·1 min read
California passed AB 2409, banning officials from issuing meme coins starting in 2027. The legislation exempts Trump's TRUMP token, and Governor Newsom's signature is the final step for enactment. The bill targets potential conflicts of interest, though the exemption has drawn attention given the former president's involvement.
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