The UK's financial regulator (FCA) has blocked the platform Pump.fun, stating that it does not have permission to operate in the country. The platform, which allows the creation of tokens, including meme coins, did not include the UK in the list of restricted countries, but users working with it cannot expect consumer protection. The FCA warned of potential risks and fraud. Despite the ban, users are seeking ways to bypass restrictions using VPNs.
12/7/2024 2:12:31 PM (GMT+1)
The UK's financial regulator has blocked Pump.fun: the platform operates without permission and without consumer protection for users in the country 🚫
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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