#CaliforniaBillWouldBarOfficialMemeCoins
🚫 New Rules for Political Crypto.
California lawmakers have passed AB 2409, a bill that would prohibit public officials from issuing meme coins. It would also restrict digital-asset service providers from listing certain official-linked meme coins for California residents, with key provisions applying from January 1, 2027. The bill now awaits the governor’s decision.
The proposal puts a major spotlight on conflicts of interest, public trust, and crypto regulation.
#Crypto $BTC
🚫 New Rules for Political Crypto.
California lawmakers have passed AB 2409, a bill that would prohibit public officials from issuing meme coins. It would also restrict digital-asset service providers from listing certain official-linked meme coins for California residents, with key provisions applying from January 1, 2027. The bill now awaits the governor’s decision.
The proposal puts a major spotlight on conflicts of interest, public trust, and crypto regulation.
#Crypto $BTC