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California Governor Newsom Signs Ban on Memecoins, Citing Opposition to Trump

CoinDesk ·

California Governor Gavin Newsom has signed AB 2409 into law as part of a broader anti-corruption legislative package. The Governor framed the ban on memecoins as a direct response to the $TRUMP token controversy involving President Trump.

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Summaries are written by AI from the original article. Not investment advice.

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