8 stories about Memecoins from across the crypto press, curated and summarized daily. Most recent: Sep 28, 2026.
California Governor Gavin Newsom signed AB 2409, a law prohibiting public officials from issuing memecoins and barring exchanges from listing tokens tied to politicians. Newsom framed the move as a direct response to President Trump's $TRUMP memecoin, calling it 'The Opposite of Trump.'
Robinhood Chain, launched just two months ago, generated $2.66 million in daily revenue on August 30, surpassing Ethereum. The network processed 5.52 million transactions as users created 22,600 new tokens, driven by memecoin trading tools.
The California Senate has passed a bill to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and 'pay-to-play' arrangements. The bill now awaits the governor's signature to become law.
In a recent interview, Baton Corporation co-founder Noah Tweedale outlined Pump.Fun's strategy to reach a $100 billion valuation through social trading features, multi-chain expansion, and a proposed native stablecoin. He also confirmed the Pump Foundation holds nearly $2 billion in treasury assets after generating over $1 billion in revenue since early 2024.
Robinhood is pushing to onboard 10 million casual investors to decentralized finance (DeFi), but early activity is dominated by memecoins. The company's original vision of tokenizing traditional assets remains small. Robinhood claims its advantage is in bringing retail customers onchain, but the current focus on memecoins may not align with its broader goals.
Robinhood's new blockchain, designed for tokenized stocks, has instead become a hub for memecoins, attracting $135 million and 800,000 addresses in just two weeks. This unexpected shift highlights the unpredictable nature of crypto markets and the appeal of speculative assets.
Rising interest in Solana-network memecoins and prediction markets was followed by a rally in SOL price. Will the momentum continue?
Senator Kirsten Gillibrand wants to prevent U.S. politicians from creating their own cryptocurrencies. The proposed restriction would apply to Congress members, the president, and their spouses.