<ul><li>The Dutch Financial Markets Authority (AFM) has issued a warning against pump-and-dump schemes using cryptocurrencies ahead of the enforcement of the Markets in Crypto-Assets Regulation (MiCA) on December 30.</li><li>MiCA will outlaw market manipulation methods like pump-and-dump scams in the EU, with strict enforcement by the AFM in the Netherlands to enhance market integrity and transparency in the cryptocurrency industry.</li><li>The AFM has been investigating pump-and-dump scams in preparation for MiCA, aiming to establish precedent for rigorous enforcement once the law is in place.</li><li>Pump-and-dump operations undermine trust in the industry and can devalue holdings, impacting the credibility and long-term survival of digital assets.</li></ul>

Dutch Authorities Issues Warning Ahead of MiCA Enforcement

Discover more