A California bill aimed at regulating meme coins has passed both the state Assembly and Senate, according to Bitcoin.com News, as cited by ChainCatcher. The measure would bar public officials and employees from issuing meme coins. It also sets a restriction starting Jan. 1, 2027, prohibiting the listing of such tokens for California residents. The bill, identified as AB 2409, has now been sent to the governor for signature. The report centers on the bill’s legislative progress and the specific restrictions included in the text cited in the brief. No additional implementation details were provided in the source beyond the passage in both chambers, the ban on issuance by public officials and employees, the 2027 effective date for the listing restriction targeting California residents, and the bill’s current status before the governor.
A California bill focused on meme coin regulation has passed both the state Assembly and Senate, according to Bitcoin.com News, as cited by ChainCatcher.
The bill would prohibit public officials and employees from issuing meme coins. Starting Jan. 1, 2027, it would also bar the listing of such tokens for California residents. AB 2409 has now been sent to the governor for signature.
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