U.K. Crypto Traders Barred from Solana Memecoin Platform Pump.fun

U.K. Crypto Traders Barred from Solana Memecoin Platform Pump.fun

A geoblock has been put in place by Pump.fun, a well-known memecoin site on the Solana blockchain, limiting access for cryptocurrency dealers in the United Kingdom. Following warnings from the Financial Conduct Authority (FCA) that the site may be operating without the required authorization, the action was announced on Friday. A co-founder of Pump.fun acknowledged the suspension but would not elaborate. Citing "laws and regulations" as the c...

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