Mmastodon BusinessCrypto first seen 12 h ago, last 4 h ago, peak #7

Newsom pushes bill to bar officials from meme coins

Original: Leg builds:⚡on Newsom’s ongoing efforts to lev the playing field for workers & consumers, aiming to prevent🚨pub ofcls fr

California Governor Gavin Newsom is advancing legislation to level the playing field for workers and consumers by preventing public officials from issuing or promoting meme coins. The bill aims to protect consumers from predatory crypto practices, hold bad actors accountable and recover money for victims. Discussion frames it against the Trump administration, which critics say is blocking California officials from acting.

Why now: The bill is being read as a clash between California and the Trump administration over crypto regulation and consumer protection.

Gavin NewsomCaliforniaTrump administrationmeme coins

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Rank over time, top of the chart is #1. 2 snapshots from 5 h ago to 4 h ago.

Evidence

• Leg builds:⚡on Newsom’s ongoing efforts to lev the playing field for workers & consumers, aiming to prevent🚨pub ofcls from issuing meme coins, protect consumers from predatory practices, hold bad actors accountable➕recover💰for victims *while the # Trump admin... Bars Cal pub… · KimPerales@toad.social · 5

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