By Isaac • September 27, 2026 11:14 pm •
California has moved the fight over political memecoins from campaign rhetoric into state law.
Governor Gavin Newsom signed Assembly Bill 2409, barring California public officials from issuing memecoins and restricting digital-asset providers from offering certain coins tied to public officials to California residents.
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The enrolled bill targets coins offered by or in partnership with a federal public official or a state or local public officer. Its provider restriction applies to covered coins issued on or after January 1, 2027.
The text reaches both sides of the transaction: the officeholder who launches the asset and the service provider that makes the token available to a California buyer. It also gives the attorney general, district attorneys, city attorneys
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