Notch Lists $70M California Mansion Amid Wealth Tax Debate
The listing puts a high-profile property move alongside California’s wealth-tax debate, though the seed does not establish that the proposal prompted the sale.
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The listing puts a high-profile property move alongside California’s wealth-tax debate, though the seed does not establish that the proposal prompted the sale.
A potential departure would put a high-profile test of how California’s proposed wealth tax could affect where billionaires live and do business.
The agreement creates a notice rule for retail transfers but leaves retirement-account access under separate terms, with no customer compensation fund.
The law also restricts platforms from listing qualifying official-linked coins for California residents when issued from Jan. 1, 2027, creating a separate compliance test for providers.
The law makes official likenesses a target for listing restrictions, while broader crypto measures address scam restitution and asset seizures.
AB 2409 is part of an 11-bill package targeting corruption and crypto crime, while leaving unclear whether existing tokens such as $TRUMP are covered.
The measure adds a state-level restriction to the debate over how public officials can participate in crypto markets.
The law also blocks platforms from listing new public-official meme coins for California residents, creating a 2027 compliance deadline for crypto venues.
The endorsement gives frontier-AI safety and cybersecurity a prominent industry voice in California's policy debate.
Polling agreed on Becerra's lead but not the race for second, while Kalshi's prices remained a time-specific read rather than a final election result.
The July 1 cutoff forces Ripple to secure a Digital Financial Asset License covering issuance, redemption, and custody in the state, or stop serving California customers.
The DFPI deadline covers every offering, issuance, redemption, and custody activity Ripple runs in the state.