Paradigm urges European regulators to make subtle changes to MEV
Odaily2024/06/28 00:50
By:Odaily
Odaily News According to BlockBeats, on June 28, Paradigm submitted opinions to the European Securities and
Markets Authority (ESMA) on preventing abuse in the crypto asset market. It pointed out that ESMA should avoid misapplying concepts from traditional financial markets to the basic
blockchain level when dealing with maximum extractable value (
MEV) to avoid inconsistencies and unexpected consequences. Paradigm called on ESMA to have a deeper understanding of MEV and support innovative tools to address potential risks of abuse. Currently, there is no universally accepted method to identify which MEV-related activities are harmful or suspicious, so requiring the ecosystem to monitor and prevent certain behaviors that are subjective in nature will lead to inconsistent applications and unexpected consequences. (Cointelegraph)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
UAE exempts crypto transfers, conversion from value-added tax
Cointelegraph•2024/10/06 13:09
Institutional Demand for Bitcoin Soars as Spot ETFs Approach Satoshi’s Holdings
Cryptodnes•2024/10/06 11:45
LEGO Group Removes Fake LEGO Coin Scam from Homepage After Hacking Incident
Cryptonewsland•2024/10/06 10:39
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$62,300.17
+0.09%
Ethereum
ETH
$2,432.04
+0.57%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$564.11
+0.35%
Solana
SOL
$144.8
+0.96%
USDC
USDC
$1.0000
+0.00%
XRP
XRP
$0.5321
-0.11%
Dogecoin
DOGE
$0.1101
+0.63%
TRON
TRX
$0.1546
+0.33%
Cardano
ADA
$0.3507
-0.79%
Bitget pre-market
Buy or sell coins before they are listed, including SCR, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now