Avelino Valencia

California Assemblymember, Democrat from Anaheim

Appears in 1 story

Office: Member of the California State Assembly

Born: November 12, 1988, Anaheim

Party: Democratic Party

Last updated Nov 1, 2026

Stories

California bans public officials from issuing memecoins

Rule Changes

As of October 2026: Author of AB 2409

California Gov. Gavin Newsom signed a law Sept. 27 that makes the state the first to bar public officials from issuing memecoins. It also stops crypto exchanges in California from listing tokens built around a public official's name or image.

Updated Oct 1