S&P 5007,743.41▲0.5% Nasdaq27,068.72▲0.5% Dow51,828.62▲0.9% Russell 2K2,837.55▲0.1% 10-Yr5.18%+2bp VIX14.87−0.80 WTI$92.44▼2.3% Gold$4,320.50▲0.5% EUR/USD1.139▲0.1% BTC$83,182▼1.5% Nikkei65,514▲0.8%
At close · Sat, Sep 26, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›California bans public officials from launching memeco…

California bans public officials from launching memecoins

Newsom also signed a bill aimed at tightening rules for restitution when investors lose money in crypto scams.

Reported · Written up by our desk · Regulation

California Governor Gavin Newsom signed legislation that bans public officials from launching memecoins.

The Block reports Newsom also approved other crypto-related measures, including a bill intended to set clearer rules for restitution when investors lose money in crypto scams.

← Newer storyJapanese yen steadies as USD/JPY tests the 160 level

More like this

CryptoBelarus OKs first crypto banks under new legal framework
CryptoSEC staff revises token buyback FAQ to require no central party
CryptoUK Chancellor criticizes Nigel Farage’s use of a ‘Bitcoin account’
CryptoAustralia calls OpenAI and Anthropic CEOs to testify after agent data breach
CryptoSenate report says Tether’s USDT is central to Iran’s shadow banking

Sources

The BlockCalifornia Gov. Gavin Newsom bans public officials from launching memecoins, takes aim at Trump

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.