🇺🇸 California moves to restrict political meme coins

California Gov. Gavin Newsom signed legislation barring state public officials from issuing meme coins and restricting companies from listing tokens that use officials’ likenesses.

The law also strengthens crypto-fraud restitution, money-laundering enforcement and the seizure of digital assets linked to transnational criminal networks. It expands consumer protections covering ticket sales, reservations and personal data.

Newsom’s office described the measure as an anti-corruption effort, pointing to President Donald Trump’s meme coin as an example of the risks of officials profiting from speculative tokens.

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US Senate investigation finds Iran is widely using Tether's $USDT to bypass sanctions.

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Belarus has registered its first-ever crypto banks, with the new institutions required to be accredited by the National Bank of Belarus before starting operations.

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Tom Lee says crypto has entered a "bull market."

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President Trump says Federal Reserve's Jerome Powell should be "forced to resign" from the board.

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EU regulators are questioning Binance over its use of a legal exemption to continue serving customers in the bloc after failing to secure a MiCA license, according to the Financial Times.

Binance said it "complies with applicable regulatory requirements in the jurisdictions in which it operates" and that it is working toward becoming MiCA-authorized.

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