Solana-Based Platform Pump.fun Declared Illegal By UK Regulator

Quick Summary:

A government regulatory body in the United Kingdom stopped the crypto trading operations of Solana-based Pump.fun because the meme coin deployer does not have a permit.

Related Reading: Bitcoin Hits $100K – And Mt.Gox Makes A $2.4 Billion Power Play In abiding by the regulatory body’s order, Pump.

The financial watchdog is known for its stringent implementation of regulatory standards on crypto firms.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungarySouth KoreaUnited Kingdom

Topics: Pump Fun Crypto News Crypto Bitcoin Solana Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-07 @ 17:00:50 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24212073

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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