Solana meme coin launchpad Pump.fun is no longer available for use in the United Kingdom, with the site’s creators taking action following a warning from the country’s financial regulator. Pseudonymous co-founder Alon told Decrypt that this is not a temporary measure, and confirmed that only the UK is affected.

According to a site notice, the UK is now a restricted jurisdiction for Pump.fun, which lets users create and trade Solana tokens with no coding experience. This move was made “in accordance with the laws and regulations of the United Kingdom,” the notice reads, further noting that “this site is currently unavailable to users in the United Kingdom.”

The ban on UK users comes three days after UK regulator the Financial Conduct Authority (FCA) put a warning out against the launchpad.

“This firm may be providing or promoting financial services or products without our permission,” the Go to Source to See Full Article
Author: Ryan Gladwin