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The Block (@TheBlockCo): THE BLOCK: California Governor Gavin Newsom signed new legislation banning state officials from issuing memecoins. It also establishes clear guideline…

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THE BLOCK: California Governor Gavin Newsom signed new legislation banning state officials from issuing memecoins. It also establishes clear guidelines to ensure restitution for victims of crypto scams. "While the scam that is Donald Trump continues to hurt American families, California is fighting to make our economy work for people, not the powerful," Newsom said.

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