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California lawmakers pass bill targeting meme coins issued by public officials

California lawmakers have passed AB 2409, which would prohibit state and local public officials from issuing meme coins and restrict digital asset platforms from offering certain official-linked tokens to California residents beginning in 2027. The California Legislature’s latest text for…

Illinois crypto groups seek injunction against new tax

California lawmakers have passed AB 2409, which would prohibit state and local public officials from issuing meme coins and restrict digital asset platforms from offering certain official-linked tokens to California residents beginning in 2027. The California Legislature’s latest text for…