California Senate just passed a bill banning platforms from listing memecoin drops by public officials to CA residents (effective Jan 1, 2027).
Vote was unanimous.
This is the regulatory hammer coming for the politico-token meta. If you're aping into politician coins, your exit liquidity window just got a deadline.
Expect copycats in other states. The grift window is closing.
Vote was unanimous.
This is the regulatory hammer coming for the politico-token meta. If you're aping into politician coins, your exit liquidity window just got a deadline.
Expect copycats in other states. The grift window is closing.
