California enacts meme coin ban for public officials
6.6 Regulation California bans public officials from issuing meme coins and restricts platforms from offering new official-linked tokens from 2027. Existing tokens like Dogecoin are unaffected.
California has passed a law prohibiting state and local public officials from issuing meme coins. Governor Gavin Newsom signed the measure on September 27, 2026, following unanimous approval in both legislative chambers. The law defines meme coins broadly, covering digital assets tied to internet memes, public figures, celebrities, fictional characters, and online humor. Starting January 1, 2027, digital asset service providers will also be barred from offering California residents meme coins issued by or in partnership with public officials. However, the law does not ban established tokens like Dogecoin or impose a blanket ban on meme-coin trading in the state. Existing political tokens, such as TRUMP, are not automatically delisted, as the restriction applies only to future issuances. The legislation aims to prevent conflicts of interest, "pay-to-play" schemes, and risks of corruption or foreign influence. It also includes provisions for victim recovery and asset seizure in cases of fraud or money laundering.
