Pump.Fun has restricted access to users in the UK days after receiving a regulatory warning from the country’s financial watchdog.
The decision comes after a Dec. 3 warning from the UK’s Financial Conduct Authority (FCA), which flagged the Solana-based memecoin launchpad for potentially offering financial products without authorization.
In compliance with UK regulations, Pump.Fun updated its terms of service on Dec. 6 to exclude British users. Visitors from the region are now met with a notification explaining the change.
The FCA, the nation’s primary financial watchdog, requires all crypto firms to register before offering services to UK residents. Since the rules were introduced in 2020, only 47 out of 347 applicants have successfully obtained FCA approval, reflecting the regulator’s stringent standards.
By restricting access for UK users, Pump.Fun joins a growing list of crypto platforms adjusting operations to navigate regulatory challenges. However, critics argue that such
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