Pump.fun Officially Restricted in the UK

Memecoin platform Pump.fun has officially been restricted in the United Kingdom. Users in the region have been hit with a “restricted jurisdiction” message upon loading up the platform.

This decision comes after the financial regulator in the UK issued a warning to pump.fun, stating that the platform “may be providing or promoting financial services or products without our permission”, marking another key development to the UK’s approach to cryptocurrency. Whether or not this is a permanent or temporary restriction remains to be seen.

Pump.fun launched earlier this year and was developed in the UK, with the founders generating over $250 million to date after the platform surged in growth. Multi-billion dollar memecoins such as $PNUT and $WIF were launched on pump.fun, as the platform quickly became the leading launchpad for Solana memecoins. Now, memecoin traders in the UK will not be able to access pump.fun in accordance with the laws and regulations of the region, however they can withdraw any coins they own on the platform.

In typical degen fashion, memecoin traders started launching tokens after the news broke to try and make money, but as for users in the UK, it remains to be seen what the future holds, and users in the region may be forced to find an alternative way to launch and trade memecoins.

The UK has already stated that they’ll be regulating cryptocurrency in the region, sharing detailed plans to make crypto a fully regulated asset class in 2026 as data has shown a rise in ownership of crypto assets within the UK. Their aim is to support a “safe, competitive and sustainable” market for cryptocurrencies in the UK, and it seems that they believe the restriction of pump.fun is a step towards that.