AB 2409: Digital assets: meme coins.

<p>The bill prohibits public officers and certain employees from issuing meme coins. It defines "public officer" as state or local elected/appointed officials including legislators and members of governmental advisory bodies, and "public employee" as those with decision-making authority over bids and contracts for their entity.</p> <p>It also bans businesses operating digital asset exchanges from listing meme coins featuring federal, state, or local public officials for sale to California residents. The bill mandates the Attorney General to enforce these rules through civil actions seeking injunctive relief and disgorgement, while allowing district attorneys, city attorneys, and county counsels to enforce against such businesses.</p>