Memecoins: California Adopts a Law Banning Their Issuance by Public Officials

California takes a new crucial step in regulating memecoins and digital assets linked to Californian elected officials. Bill AB 2409, led by Avelino Valencia, distinguishes rules applicable to public officials and digital providers. After its adoption by the Senate on August 26, the Assembly unanimously validated the amendments. The bill still has to go through final formalities before being reviewed by Governor Gavin Newsom. It notably targets the issuance of tokens by certain individuals exercising public authority in California. A targeted ban for public officials

L’article Memecoins: California Adopts a Law Banning Their Issuance by Public Officials est apparu en premier sur Cointribune.