🔹Memecoin Factory Pump.Fun Bans U.K. Crypto Traders
▪️Earlier this week, the U.K.'s main financial regulator warned Pump.fun was operating without permission.
▪️ Solana's memecoin factory Pump.fun shut off access to U.K. crypto traders Friday, citing "laws and regulations" affecting the runaway hit.
The geoblock comes three days after the nation's main financial regulator, the Financial Conduct Authority, warned the platform "may be providing or promoting financial services or products without our permission." One of Pump.fun's founders confirmed a blockade had taken effect but declined to comment further.