EconomyCalifornia signs law restricting public officers from issuing crypto meme coins

California Gov. Gavin Newsom signed AB 2409 on Sept. 27, barring covered state and local public officers and certain government employees from issuing political meme coins. A separate provision limits platforms from listing qualifying official-linked coins issued on or after Jan. 1, 2027, for California residents. Violations may bring injunctions and disgorgement.

Californiacryptocurrencymeme coinsregulation

CCryptoSlate★★★☆☆2026-09-28 13:30Original