The Netherlands Financial Markets Authority (AFM) has warned of manipulation in the cryptocurrency market, with a particular focus on "pump and dump" schemes ahead of the implementation of MiCA regulations in December. MiCA (Crypto-Asset Market Regulation Act) will come into effect on December 30, explicitly prohibiting market manipulation in the crypto market, such as pumping and dumping. The AFM will be responsible for monitoring and enforcing relevant Dutch regulations to ensure market transparency and protect investors from potential fraudulent activities. (Cointelegraph)