Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
ESMA Raises Concerns About Blockchain's Maximum Extractable Value (MEV) as Potential Market Abuse

ESMA Raises Concerns About Blockchain's Maximum Extractable Value (MEV) as Potential Market Abuse

CointimeCointime2024/04/05 04:19
By:Cointime

The European Securities and markets Authority (ESMA) has expressed concerns about the potential for maximum extractable value (MEV) to be used as a form of market abuse in its latest regulatory proposals under MiCA. MEV involves blockchain operators rearranging user transactions to maximize their own profits, which can negatively affect end-user profits. While some argue that MEV has a positive impact on improving blockchain network efficiency, others are calling for regulatory clarity on what constitutes market abuse in relation to MEV. ESMA is seeking clarity on who is responsible for malicious MEV tactics that constitute market abuse in response to the European Commission's request for advice on whether and when MEV can lead to market abuse. The European Crypto Initiative (EUCI) is seeking more clarity from ESMA on this issue, and ESMA's consultation seeking public feedback is open for comments until June 25.

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00