Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules
- Bybit’s PUMP token sale runs July 12–15 but excludes all users registered under its MiCA-compliant EU platform, Bybit.eu.
- 150 billion PUMP tokens will be sold at $0.004 each; only USDT, USDC, SOL, and bbSOL are accepted.
- Pump.fun’s trading volume dropped 80% since January; Gate.io removed its sale page without confirmation of relisting.
Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC through July 15. The exchange confirmed it will run the sale on its main global platform, but European users will be excluded.
This restriction is a direct result of the Markets in Crypto-Assets Regulation (MiCA) rules, which limits how new crypto tokens can be sold in EU countries. Bybit stated that because of these rules, the sale will not be available through Bybit.eu, which is its MiCA-compliant platform.
Sale Terms and Accepted Currencies
The sale will offer 150 billion PUMP tokens, representing 15% of the total 1 trillion supply. The fixed sale price is $0.004 USDT per token.
Subscriptions will be accepted in USDT, USDC, SOL, and bbSOL. These include both stablecoins and Solana-native assets, aligning with Pump.fun’s infra…
The post Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules appeared first on Coin Edition.
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Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules
- Bybit’s PUMP token sale runs July 12–15 but excludes all users registered under its MiCA-compliant EU platform, Bybit.eu.
- 150 billion PUMP tokens will be sold at $0.004 each; only USDT, USDC, SOL, and bbSOL are accepted.
- Pump.fun’s trading volume dropped 80% since January; Gate.io removed its sale page without confirmation of relisting.
Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC through July 15. The exchange confirmed it will run the sale on its main global platform, but European users will be excluded.
This restriction is a direct result of the Markets in Crypto-Assets Regulation (MiCA) rules, which limits how new crypto tokens can be sold in EU countries. Bybit stated that because of these rules, the sale will not be available through Bybit.eu, which is its MiCA-compliant platform.
Sale Terms and Accepted Currencies
The sale will offer 150 billion PUMP tokens, representing 15% of the total 1 trillion supply. The fixed sale price is $0.004 USDT per token.
Subscriptions will be accepted in USDT, USDC, SOL, and bbSOL. These include both stablecoins and Solana-native assets, aligning with Pump.fun’s infra…
The post Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules appeared first on Coin Edition.
Read More