California Bans Officials’ Memecoins After TRUMP Buyers Lost $3.8B

California’s new memecoin law targets conflicts of interest after President Donald Trump’s token generated substantial proceeds for him while many buyers lost money. Governor Gavin Newsom also signed a separate measure addressing crypto fraud and victim recovery. What California’s Memecoin Ban Covers California state and local public officers will be barred from issuing memecoins starting […]