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Looks like Pump Fun just hit a major roadblock in the UK. The Financial Conduct Authority (FCA) has officially blacklisted the company, and it’s causing quite a stir. According to the regulator, Pump Fun didn’t exactly play by the rules when it came to protecting investors or staying compliant with UK regulations. Ouch. The FCA has made it clear they’re not messing around when it comes to cracking down on shady practices. They’ve flagged Pump Fun for concerns over investor safety basically saying the company wasn’t doing enough to keep people’s money secure. Add some non-compliance issues to the mix, and it’s no surprise they got the boot. For those unfamiliar, Pump Fun was marketed as a platform that could make your investments soar. But critics had been raising eyebrows for a while, pointing out red flags like a lack of transparency and promises that seemed too good to be true. Turns out, the FCA agreed. This ban means Pump Fun can’t operate in the UK anymore, which could be a massive blow for the company. It’s also a reminder for investors to tread carefully. If a platform isn’t regulated or doesn’t seem legit, it’s better to stay away. In the end, the FCA’s move is all about sending a message: investor safety comes first. Whether this marks the end for Pump Fun or just a temporary setback, one thing’s for sure the UK regulator isn’t playing games.

Bitcoin is a decentralized cryptocurrency that uses peer-to-peer technology and a blockchain to record transactions. It was created by Satoshi Nakamoto and the first block was mined on January 3, 2009. Bitcoin transactions are recorded on a blockchain, which is a distributed ledger that can be accessed by anyone to verify transactions. Transactions are verified by miners, who are rewarded with a set amount of Bitcoin and transaction fees. The supply of Bitcoin is limited to 21 million coins and it is divisible to eight decimal places. A wallet is needed to use Bitcoin and it consists of a public key, which is used to send and receive payments, and a private key, which is used to control the wallet. Bitcoin can be used for a variety of purposes, including everyday transactions, as a store of value, or for investment. Bitcoin (BTC) Price Bitcoin’s price is renowned for being highly volatile, but despite that, it has become the top performing asset of any class (including stocks, commodities and bonds) over the past decade – climbing a staggering 9,000,000% between 2010 and 2020. When the cryptocurrency was launched at the beginning of 2009, as Satoshi Nakamoto mined the bitcoin genesis block (the first-ever block on the Bitcoin blockchain), 50 BTC entered circulation at a price of $0.00. Fifty bitcoin continued to enter circulation every block (created once every 10 minutes) until the first halving event took place in November 2012 (see below). Halvings refer to bitcoin’s issuance system, which was programmed into Bitcoin’s code by Satoshi Nakamoto. It essentially involves automatically halving the number of new BTC entering circulation every 210,000 blocks. In February 2011, BTC’s price reached parity with the U.S dollar for the first time. The milestone encouraged new investors into the market, and over the next four months, bitcoin’s price in USD continued to rise – peaking at over $30. By early 2013, the leading cryptocurrency had recovered from a prolonged bearish episode and rose above $1,000, albeit only briefly. But with the infamous Mt Gox hack, China announcing its first ban on crypto and other situations, it took a further four years for the BTC price to return to above $1,000 again. Once that level was passed, however, bitcoin’s price continued to surge dramatically throughout 2017 until BTC peaked at its previous long-standing all-time high of $19,850. Over 2018, the entire crypto market plunged into what is now known as the “crypto winter” – a yearlong bear market. It wasn’t until December 2020, when bitcoin returned to test the previous all-time high, that it eventually surpassed that historical level and rose a further 239% over the next 119 days to a new all-time high of $64,799$BTC

According to BitcoinMagazine, Russian President Vladimir Putin said at the Russia Calling investment forum that no one can ban Bitcoin, and no one can ban the use of other electronic payment methods, these are new technologies, and no matter what the future of the US dollar is, these tools will develop in one way or another because everyone is working to reduce costs and increase reliability.

What happens when they ban politicians from trading stocks? They'll move to #Crypto.

The regulatory environment for cryptocurrencies is constantly evolving and varies significantly across different countries. Here are some key points to consider: $MAJOR - *United States*: The US has a complex regulatory environment, with different agencies overseeing various aspects of cryptocurrency trading. The Financial Crimes Enforcement Network (FinCEN) considers cryptocurrencies as money transmitters, while the Securities and Exchange Commission (SEC) views them as securities ¹. - *Canada*: Canada has a relatively favorable regulatory environment, with cryptocurrencies treated as commodities. Exchanges are required to register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) ¹. - *Singapore*: Singapore has a welcoming regulatory environment, with cryptocurrencies treated as goods. Exchanges are required to register with the Monetary Authority of Singapore (MAS) ¹. - *India*: India's regulatory environment is still evolving, with a proposed ban on private cryptocurrencies. However, the government has indicated that it may introduce a official digital currency ¹. It's essential to note that regulations can change rapidly, and it's crucial to stay informed about the specific regulatory environment for MAJOR Coin in your country. If you're looking for information on a specific country or region, feel free to ask, and I'll do my best to provide more detailed information.