CoinScoopCalifornia Governor Signs Bill Restricting Memecoin Issuance by Public Officials
California Governor Gavin Newsom signed Assembly Bill 2409 (AB 2409) on September 27, 2026, which prohibits public officials in the state from issuing memecoins. The new legislation introduces specific restrictions on digital assets linked to public office holders.
Summaries are written by AI from the original article. Not investment advice.