California Senate passes bill to ban memecoin issuance by public officials

CoinTelegraph·

California Senate passes bill to ban memecoin issuance by public officials

60-second summary

The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “pay-to-play arrangements.”

The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “pay-to-play arrangements.”