California Senate passes bill to ban memecoin issuance by public officials
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Newsom signs California ban on public officials issuing memecoins
The law also restricts crypto companies from offering certain memecoins tied to public officials to California residents and takes effect for tokens issued from Jan. 1, 2027.
California Bans Public Officials From Issuing Meme Coins Under New Newsom Law
Governor Gavin Newsom’s legislation bars public officials from issuing meme coins and exchanges from listing tokens tied to politicians.
French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.
Clarity Act Stalls in Senate as Crypto Bill Fails to Clear Key Vote
The crypto market structure bill failed to receive enough votes to advance in the Senate.
Anthropic Lost $42 Billion Last Year. It Wants to Go Public at $2 Trillion
The company's IPO prospectus shows revenue up twelvefold, a $518 billion spending plan, and a risk section warning that its own AI could pose existential risks to humanity.
Bernie Sanders Pushes Bill to Ban Advanced AI Development
The forthcoming bill would pause advanced AI development, create a federal regulator, and threaten violators with up to 20 years in prison.