Dutch regulator warns of Crypto Pump-and-Dump, new regulation to ban these schemes

The Dutch Financial Markets Authority (AFM) has issued a warning about the dangers of pump and dump schemes in the cryptocurrency space, as new regulations are set to target this market manipulation tactic. The upcoming Crypto Asset Markets Regulation (MiCAR), effective December 30, will ban these practices. AFM sounds the alarm on cryptographic pumping and dumping schemes (…)