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- 1Newsom signs anti-corruption bills targeting official meme coins●THE OPPOSITE OF TRUMP! Governor Newsom signs bills to crack down on corruption, including meme coins by public officials
California Governor Gavin Newsom has signed a package of bills aimed at cracking down on public corruption, including measures covering meme coins promoted by public officials. The legislation is being framed by supporters as a sharp contrast to the Trump administration's friendlier stance on politicians' crypto ventures, and it puts California at odds with the federal direction on official involvement in digital assets.