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The Dutch Authority for the Financial Markets (AFM) is sounding the alarm on pump-and-dump schemes ahead of the new MiCAR regulation, set to debut on Dec. 30. đïž
MiCAR aims to clean up the crypto playground by banning these sneaky tactics, ensuring a fairer game for everyone. The AFM will be the watchdog, ready to pounce on any shady moves in the Netherlands.
Pump-and-dump schemes? Think of them as the bad apples of crypto, hyping up a coin only to dump it and leave you with the crumbs. đâĄïžđ
What do you think? Will MiCAR make crypto safer or just push firms to new pastures? Drop your thoughts below! đŹđ