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California Governor Newsom Enacts Ban on Memecoins, Labels It ‘The Antithesis of Trump’

In a move that underscores California’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 so‑called memecoins within the state’s jurisdiction. The legislation, which is part of a larger anti‑corruption package designed to tighten oversight of digital assets, was framed …

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 California’s growing reputation as a laboratory for progressive regulation, Governor Gavin Newsom signed Assembly Bill 2409 into law this week, effectively outlawing the creation, promotion, and sale of so‑called “memecoins.” The legislation, which forms part of a larger anti‑corruption package, is being framed by the governor’s office as a direct response to t…

Sept. 28, 2026, 6:21 a.m.

Markets

California Governor Newsom Enacts Ban on Memecoins, Calls It "The Antithesis of Trump"

In a move that underscores California’s growing willingness to intervene in the rapidly evolving world of digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law on Monday. The legislation, which effectively prohibits the issuance, promotion, and sale of so‑called "memecoins" within the state’s jurisdiction, is being hailed by the governor’s office as a critical component of an e…

Sept. 28, 2026, 6:21 a.m.

Markets

California Governor Newsom Enacts Ban on Memecoins, Labels It “The Opposite of Trump”

In a move that has drawn both applause and criticism, California Governor Gavin Newsom signed Assembly Bill 2409 into law this week, effectively prohibiting the creation, promotion, and sale of so‑called “memecoins” within the state’s jurisdiction. The legislation, which is part of a larger anti‑corruption package introduced by the state legislature, seeks to curb what officials describe as a new…

Sept. 28, 2026, 6:21 a.m.

Markets

California Governor Newsom Enacts Ban on Memecoins, Labels It ‘The Antithesis of Trump’

In a move that underscores California’s increasingly proactive stance on digital finance regulation, Governor Gavin Newsom signed Assembly Bill 2409 into law on Monday, effectively outlawing the creation, promotion, and sale of so‑called “memecoins.” The legislation, which is part of a larger anti‑corruption package, has been framed by the governor’s office as a direct response to the chaos and p…

Sept. 28, 2026, 6:21 a.m.

Markets

California Governor Newsom Enacts Memecoin Prohibition, Labels It “The Antithesis of Trump”

In a decisive move that underscores California’s growing appetite for regulatory oversight of digital assets, Governor Gavin Newsom affixed his signature to Assembly Bill 2409, a piece of legislation that effectively bans the creation, promotion, and sale of so‑called “memecoins” within the state’s jurisdiction. The bill is part of a larger anti‑corruption package designed to tighten transparency…

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 reputation as a regulatory trailblazer, Governor Gavin Newsom affixed his signature to Assembly Bill 2409, a piece of legislation that effectively bans the creation, promotion, and distribution of so‑called “memecoins” within the state’s jurisdiction. The bill, which is part of a larger anti‑corruption package aimed at tightening oversight …

Sept. 28, 2026, 6:21 a.m.

Markets

Governor Newsom Enacts Ban on Memecoins, Labels It “The Antithesis of Trump”

Sept. 28, 2026, 6:21 a.m.

Markets

Governor Newsom Approves Ban on Memecoins, Describes It as the Antithesis of Trump

In a move that has drawn both applause and criticism from various corners of the financial and political spectrum, California Governor Gavin Newsom signed Assembly Bill 2409 into law this week. The legislation, which effectively prohibits the issuance, promotion, and sale of so‑called "memecoins" within the state’s jurisdiction, is being presented by the governor’s office as a cornerstone of a la…

Sept. 28, 2026, 6:21 a.m.

Markets

Governor Newsom of California Enacts Ban on Memecoins, Labels It 'The Antithesis of Trump'

In a move that underscores California’s growing resolve to police the wild frontier of digital assets, Governor Gavin Newsom signed Assembly Bill 2409 into law this week. The legislation, which effectively prohibits the issuance, promotion, and sale of so‑called “memecoins” within the state’s jurisdiction, is being hailed by the administration as a decisive strike against financial fraud and a sy…

Sept. 28, 2026, 6:21 a.m.