On the 27th, California Governor Gavin Newsom signed into law 'AB2409', a bill that prohibits the issuance of meme coins by public officials in the state. The legislation also bans businesses from listing meme coins that use the likeness or images of public officials, including federal officials.
In a statement, Governor Newsom criticized President Donald Trump for profiting from his own meme coin, highlighting a contrasting stance. ...
