Will Pump Fun resume operations in the UK by the end of 2025?
Yes • 50%
No • 50%
Official announcements from Pump Fun or the UK Financial Conduct Authority (FCA)
UK FCA Bans Pump Fun, Solana Memecoin Platform, Over Market Manipulation
Dec 6, 2024, 04:05 PM
Pump Fun, a Solana-based meme coin launchpad known for its pump-and-dump schemes, has been banned in the United Kingdom following a warning from the Financial Conduct Authority (FCA) on December 6, 2024. The platform, which encourages users to participate in coordinated price inflation, has restricted UK users by displaying a 'restricted jurisdiction' message upon access. The FCA's action comes amid increasing regulatory scrutiny over platforms associated with market manipulation and volatile trading practices. Pump Fun had recently faced severe community pushback due to its livestream feature, which drew attention to its controversial business model.
View original story
Relocation of operations outside UK • 25%
Legal challenge against the ban • 25%
Compliance with UK regulations • 25%
Platform shutdown • 25%
No significant change • 25%
Emergence of alternative platforms • 25%
Decrease in trading volume • 25%
Increased regulatory compliance • 25%
Yes, focused on storage expansion • 25%
Yes, focused on alternative energy sources • 25%
Yes, focused on both storage and alternatives • 25%
No new policy • 25%
Significant Improvement • 25%
Moderate Improvement • 25%
No Change • 25%
Decline • 25%
Platform shutdown • 25%
Shift to non-UK markets • 25%
Other • 25%
Compliance with UK regulations • 25%
No change • 25%
Relaxed regulations • 25%
Increased bans • 25%
Stricter regulations • 25%