Bearish
California Governor Newsom Signs Memecoin Ban, Calls It 'The Opposite of Trump'
28.09.2026 09:48
California Governor Gavin Newsom has signed a new law banning memecoins in the state, positioning the move as a direct contrast to former President Donald Trump's pro-crypto stance. The legislation targets speculative digital assets, citing consumer protection concerns. This development could impact the broader cryptocurrency market, including major tokens like BTC and ETH, as regulatory scrutiny intensifies. Newsom's action underscores growing political divides over crypto regulation in the US.
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