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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 reputation as a regulatory trailblazer in the digitalā€‘currency arena, Governor Gavin Newsom signed Assembly Bill 2409 into law on Thursday. The legislation, which forms a central component of a sweeping antiā€‘corruption package, specifically targets soā€‘called "meme coins"ā€”cryptocurrencies that achieve notoriety primarily through viral internā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Labels It ā€œThe Antithesis of Trumpā€
In a decisive move that underscores Californiaā€™s growing reputation as a regulatory trailblazer, Governor Gavin Newsom signed Assembly Bill 2409 into law on Thursday, effectively outlawing the issuance and promotion of soā€‘called ā€œmemecoinsā€ within the stateā€™s jurisdiction. The legislation, which is part of a larger antiā€‘corruption package, was framed by the governor and his office as a direct resā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Labels It ā€˜The Antithesis of Trumpā€™
In a move that underscores Californiaā€™s aggressive stance against emerging financial scams, Governor Gavin Newsom signed Assembly Bill 2409 into law this week, effectively outlawing the creation, promotion, and sale of soā€‘called memecoins within the stateā€™s jurisdiction. The legislation, which is part of a larger antiā€‘corruption package designed to tighten oversight of digital assets, was framed ā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Gov. Newsom Enacts Memecoin Prohibition, Labels It 'The Antithesis of Trump'
In a decisive move that underscores Californiaā€™s growing appetite for regulatory oversight of 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 stateā€™s jurisdiction. The legislation, which is part of a larger antiā€‘corruption package aimed at tightening transparency and accā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Meme Cryptocurrencies, Labels It ā€œThe Antithesis of Trumpā€
In a move that underscores Californiaā€™s growing reputation as a regulatory trailblazer in the realm of digital assets, Governor Gavin Newsom affixed his signature to Assembly Bill 2409 this week, effectively outlawing the creation, promotion, and sale of memeā€‘style cryptocurrencies within the stateā€™s jurisdiction. The legislation, which is bundled within a comprehensive antiā€‘corruption package, iā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
California Governor Newsom Enacts Ban on Memecoins, Labels It ā€˜The Antithesis of Trumpā€™
In a move that underscores Californiaā€™s growing willingness to regulate emerging 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, was framed by the governorā€™s office as a direct response to the chaotic and often oā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Ban on Memecoins, Labels It ā€˜The Antithesis of Trumpā€™
In a decisive move that underscores Californiaā€™s growing vigilance over the rapidly evolving world of digital assets, 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€œmemecoins,ā€ is part of a larger antiā€‘corruption package that the governor has championed as a safeguard for consumers and a sā€¦
Sept. 28, 2026, 6:21 a.m.
Markets
Governor Newsom Enacts Ban on Memecoins, Labels It ā€˜The Antithesis of Trumpā€™
In a decisive move that underscores Californiaā€™s growing stance against speculative digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law on Thursday. The legislation, which forms part of a larger antiā€‘corruption package, effectively bans the creation, promotion, and sale of soā€‘called "memecoins"ā€”cryptocurrencies that gain value primarily through internet memes, social media hyā€¦
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 ā€˜The Antithesis of Trumpā€™
In a move that underscores Californiaā€™s growing reputation as a regulatory pioneer on digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law on Monday, effectively outlawing the issuance and promotion of soā€‘called memecoins within the stateā€™s jurisdiction. The legislation, which forms part of a larger antiā€‘corruption package aimed at curbing financial fraud and protecting consumā€¦
Sept. 28, 2026, 6:21 a.m.