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Governor Newsom Enacts Ban on Meme Cryptocurrencies, Labels It ‘The Antithesis of Trump’

In a decisive move that underscores California’s growing appetite for regulatory oversight of the digital‑asset sphere, Governor Gavin Newsom signed Assembly Bill 2409 into law on Tuesday. The legislation, which effectively bans the issuance and promotion of so‑called meme‑coins within the state, is being heralded by the governor’s office as a cornerstone of a sweeping anti‑corruption package aim…

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

Markets

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

California Governor Gavin Newsom has taken a decisive step against the burgeoning world of meme‑driven cryptocurrencies by signing Assembly Bill 2409 into law. The legislation, which forms part of a larger anti‑corruption package, effectively prohibits the creation, promotion, and sale of so‑called "memecoins" within the state’s jurisdiction. In his signing remarks, Newsom framed the new law as a…

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

Markets

California Governor Newsom Enacts Ban on Meme Coins, Labels It “The Antithesis of Trump”

In a decisive move that underscores California’s growing reputation as a regulatory trailblazer in the digital‑currency arena, Governor Gavin Newsom signed Assembly Bill 2409 into law on Thursday. The legislation, which forms a central component of a sweeping anti‑corruption package, specifically targets so‑called "meme coins"—cryptocurrencies that achieve notoriety primarily through viral intern…

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

Markets

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

In a move that underscores California’s aggressive stance against financial fraud and political corruption, Governor Gavin Newsom signed Assembly Bill 2409 into law this week. The legislation, which prohibits the creation, promotion, and sale of so‑called “meme coins,” is part of a larger anti‑corruption package that the governor has framed as a direct response to the chaotic fallout from former …

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

Markets

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

Governor Gavin Newsom of California has taken a decisive step against the burgeoning world of meme‑driven digital currencies by signing Assembly Bill 2409 into law. The legislation, which forms part of a broader anti‑corruption package introduced by the state’s lawmakers, specifically targets the issuance, promotion, and sale of so‑called “memecoins”—cryptocurrencies that gain popularity primaril…

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 commitment to curbing dubious financial schemes, Governor Gavin Newsom signed Assembly Bill 2409 into law on Thursday. The legislation, which targets the proliferation of so‑called memecoins—cryptocurrencies that gain popularity primarily through viral internet memes rather than any substantive technological or economic foundation—forms a k…

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

Markets

Solana ETFs Pull in a Record-Breaking $188 Million Within a Week, With Bitwise Capturing Two-Thirds of New Capital

In the past seven days, exchange‑traded funds (ETFs) that focus on the Solana blockchain have attracted an unprecedented amount of investor capital, totaling roughly $188 million. This surge marks the strongest week ever recorded for Solana‑centric investment vehicles, underscoring the growing confidence among both retail and institutional participants in the platform’s long‑term potential. The m…

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

Markets

Solana-Themed ETFs Pull in a Record-Breaking $188 Million Over Seven Days, with Bitwise Capturing About Two‑Thirds of the Flow

In a striking display of investor enthusiasm for the fast‑growing blockchain platform, Solana‑focused exchange‑traded funds (ETFs) amassed an unprecedented $188 million in fresh capital over the course of a single week. This surge represents the largest weekly inflow ever recorded for any Solana‑related fund and underscores the mounting confidence that both retail and institutional participants a…

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

Markets

Solana ETFs Secure Record $188 Million in a Single Week, With Bitwise Capturing Two‑Thirds of New Capital

In a striking display of growing investor interest in blockchain‑based assets, exchange‑traded funds (ETFs) focused on Solana recorded an unprecedented influx of capital over the past week, amassing a total of $188 million. This surge not only marks a new benchmark for weekly inflows into Solana‑related funds but also underscores the broader momentum behind cryptocurrency‑linked investment produc…

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

Markets

Solana ETFs Pull in a Record-Breaking $188 Million Within a Week, With Bitwise Capturing About Two-Thirds of the New Capital

In the past seven days, investors have poured an unprecedented $188 million into exchange‑traded funds (ETFs) that track the performance of Solana, the high‑throughput blockchain known for its rapid transaction speeds and low fees. This influx marks the strongest week of capital inflow ever recorded for Solana‑related ETFs, underscoring a growing confidence among both retail and institutional par…

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