Netherlands: Issued AFM guidance concerning crypto pump-and-dump schemes under MiCA
Description
Issued AFM guidance concerning crypto pump-and-dump schemes under MiCA
On 26 September, the Dutch Authority for the Financial Markets (AFM) issued a guidance warning about the use of crypto pump-and-dump schemes under the Markets in Crypto-Assets Regulation (MiCA), which will come into force on 30 December 2024 and wil…
Scope
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body