‘Ave you got a license for that memecoin? UK bans Pump Fun
The UK’s Financial Conduct Authority told UK users to avoid Pump Fun after warning it is not an authorized crypto firm.
The UK’s Financial Conduct Authority told UK users to avoid Pump Fun after warning it is not an authorized crypto firm.
A letter to the UK’s FCA claims that because TikTok is not registered with the regulator, it is at risk of being used for illicit activities.
Starling banned crypto transactions in 2022, describing them as “high risk and heavily used for criminal purposes.”
The FCA charged the man with document forgery alongside the illegal operation of a $3.4 million crypto ATM network.
A Freedom of Information request revealed crypto asset firms registering with the UK’s financial regulator have fallen 51% over three years.