Paradigm urges European regulators to approach MEV issue with “nuance”
Paradigm has submitted its views to the European Securities and Markets Authority (ESMA) on preventing abuse in the cryptocurrency market. They pointed out that ESMA should avoid misusing the concepts of traditional financial markets at the underlying blockchain level when dealing with Maximum Extractable Value (MEV), in order to avoid inconsistencies and unexpected consequences. Paradigm calls on ESMA to deepen its understanding of MEV and support innovative tools to address potential abuse risks.
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.
You may also like
XRP rises over 20%, spurred by favorable regulatory environment, ETF filing
The price of Ripple’s XRP token has rocketed up over 20% in the past 24 hours, likely buoyed by hopes of a favorable regulatory environment and the resolution of its long-running legal battle with the SEC.21Shares recently filed for an XRP ETF, hoping to bring a fund to market in the likeness of its spot Bitcoin and Ethereum ETFs.
Miner Greenidge Generation Wins Court Case and Will Continue Operations
Dogecoin Investors Drop Class Action Lawsuit Against Elon Musk
Bitcoin Depot Crypto ATM Operator's Revenue Drops 25%
Trending news
MoreCrypto prices
More
