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California Governor Newsom Enacts Ban on Meme Coins, Labels It ā€œThe Antithesis of Trumpā€
In a decisive move that underscores Californiaā€™s growing wariness of speculative digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law this week, effectively outlawing the creation, promotion, and distribution of soā€‘called ā€œmeme coins.ā€ These tokensā€”often launched with little more than a catchy name, a viral meme, and a promise of rapid wealthā€”have proliferated across the cryptā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Labels It 'The Antithesis of Trump'
In a decisive move that underscores Californiaā€™s commitment to curbing financial misconduct, Governor Gavin Newsom signed Assembly Bill 2409, a legislative package aimed at prohibiting the creation, promotion, and sale of soā€‘called memecoins within the state. The governor framed the new law as a direct response to the recent turbulence surrounding former President Donald Trumpā€™s involvement in thā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Labels It ā€œThe Antithesis of Trumpā€
In a move that has captured the attention of both the cryptocurrency community and political observers, California Governor Gavin Newsom signed Assembly Bill 2409 into law this week, effectively outlawing the creation, promotion, and sale of soā€‘called ā€œmemecoinsā€ within the stateā€™s jurisdiction. The legislation is part of a broader antiā€‘corruption package that Newsomā€™s administration has been pusā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Ban on Meme Cryptocurrencies, Labels It ā€˜The Antithesis of Trumpā€™
In a move that underscores Californiaā€™s growing appetite for regulatory oversight of emerging digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law on Monday, effectively outlawing the issuance and promotion of soā€‘called memeā€‘coins within the state. The legislation, which is part of a larger antiā€‘corruption package, was framed by Newsom and his office as a decisive response to ā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Ban on Meme Cryptocurrencies, Labels It 'The Antithesis of Trump'
In a decisive move that underscores Californiaā€™s growing reputation as a regulatory forerunner in the digitalā€‘asset arena, Governor Gavin Newsom signed Assembly Bill 2409 into law this week. The legislation, which effectively bans the creation, promotion, and distribution of soā€‘called "memecoin" tokens within the stateā€™s jurisdiction, is being touted by the governorā€™s office as a direct response ā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Ban on Memecoins, Calls It ā€˜The Antithesis of Trumpā€™
In a move that has drawn both applause and criticism from different corners of the tech and political worlds, California Governor Gavin Newsom signed Assembly Bill 2409 into law this week. The legislation, which effectively bans the creation, promotion, and sale of soā€‘called ā€œmemecoinsā€ within the stateā€™s jurisdiction, is being hailed by many antiā€‘corruption advocates as a bold step toward curbinā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Memecoin Prohibition, Calling It the Antithesis of Trump
In a move that has drawn both applause and criticism, California Governor Gavin Newsom signed Assembly Bill 2409 into law, effectively outlawing the creation, promotion, and sale of soā€‘called "memecoins" within the stateā€™s jurisdiction. The legislation, which forms a key component of a larger antiā€‘corruption package, was framed by Newsom as a direct contrast to the approach taken by former Presidā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Labels It "The Antithesis of Trump"
In a decisive move that underscores California's growing vigilance over digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law on Monday, effectively outlawing the creation, promotion, and sale of soā€‘called "memecoins" within the state. The legislation, which forms part of a larger antiā€‘corruption package introduced earlier this year, is being touted by Newsom and his administraā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Ban on Memecoins, Labels It 'The Antithesis of Trump'
In a decisive move that underscores Californiaā€™s growing resolve to curb speculative digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law on Tuesday, effectively outlawing the creation, promotion, and sale of soā€‘called ā€œmemecoins.ā€ The legislation, which is part of a larger antiā€‘corruption package, is being framed by the governorā€™s office as a clear repudiation of the chaotic ā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Calls It ā€˜The Antithesis of Trumpā€™
In a decisive move that underscores Californiaā€™s growing reputation as a regulatory pioneer, Governor Gavin Newsom signed Assembly Bill 2409 into law on Thursday, effectively prohibiting the creation, promotion, and sale of soā€‘called ā€œmemecoinā€ tokens within the stateā€™s jurisdiction. The legislation is part of a larger antiā€‘corruption package that Newsom has championed as a safeguard against the ā€¦
Sept. 28, 2026, 6:21 a.m.