AFM News 1 min read

Crypto lanceren is makkelijk geworden, voldoen aan de regels niet

RegCanary analysis of a AFM publication

Representative image

Why it matters

RegCanary's analysis of what this means for regulated firms.

For compliance teams, the key message is that MiCAR obligations can be triggered by public-facing token issuance and marketing, including memecoins, and that promotional communications must be accurate, balanced and free from misleading or unrealistic claims. Firms should review any token creation, distribution or community promotion activity against their regulatory perimeter assessment and ensure that offering documentation, risk disclosures and marketing approvals are appropriately governed. Executives should treat token launches as regulated conduct risk rather than purely product or marketing initiatives, with clear ownership across legal, compliance and communications.

Practical next steps include asset classification, confirming whether MiCAR authorisation, notification or white-paper requirements apply, reviewing all public statements and influencer/community messaging, and maintaining evidence of consumer-facing controls. The AFM's consumer warning also signals supervisory focus on mis-selling and hype-driven promotions, so firms should expect scrutiny of claims, risk warnings and target-market suitability. While the statement does not introduce a new rule, it reinforces that token issuers and intermediaries operating in or into the Netherlands need compliance-by-design and robust marketing oversight.

Firms that embed MiCAR readiness early can reduce enforcement and reputational risk and differentiate through consumer trust.

Who this affects

Sectors and firm types identified in the analysis.

  • General Regulation

Source

AFM

Original publication, 6 November 2026

Read the original publication (opens in a new tab) afm.nl

This is RegCanary's analysis, not the regulator's text. It summarises and interprets the publication above; it is not the AFM's original wording, and it is not legal advice. Always rely on the original source.

Share

Weekly Briefing

Get the weekly briefing.

The regulatory changes that matter, with RegCanary analysis of what they mean for your firm. Delivered every Friday. Unsubscribe anytime.

Need this tailored to your firm's permissions? Book a demo