Pump.fun, a controversial Solana-based meme coin launchpad, has pulled the plug on its services in the United Kingdom following a warning from the country’s Financial Conduct Authority (FCA).
According to a notice on the Pump.fun website, the UK is now classified as a restricted jurisdiction, barring residents from using its services, which include the creation and trading of Solana tokens without any coding expertise. The statement clarifies that this decision was made “in accordance with the laws and regulations of the United Kingdom,” marking a significant response to mounting regulatory pressure.
Source: X
FCA’s Warning Spurs Action
The move comes just three days after the FCA issued a stark warning about Pump.fun, advising the public to avoid dealings with the platform. “This firm may be providing or promoting financial services or products without our permission,” read the FCA’s advisory.
Source: X
