Crypto Briefing reported that the Autorité des marchés financiers (AMF), Quebec, Canada's financial regulatory authority, has designated Pump.fun (PUMP), a Solana-based memecoin issuance platform, as an unregistered and unlicensed platform and issued an investor warning. The outlet explained, "The AMF pointed out that Pump.fun has not obtained the necessary registration to solicit investors in Quebec, and this measure is a warning about unregistered operations, not an accusation of fraud. Currently, Quebec users' access to the site has not been blocked, nor have their wallets been frozen. The Canadian Securities Administrators (CSA) published the AMF's warning on its notice page but did not take independent action."