🎩 Venture capital firm Paradigm has penned a letter to the European Securities and Markets Authority (ESMA), calling for a more nuanced approach to crypto regulation. 📜 They argue that ESMA's current stance on market abuse, particularly Maximum Extractable Value (MEV), is akin to comparing apples to oranges. 🍎🍊 Paradigm believes ESMA needs to better understand MEV before enforcing measures under the Markets in Crypto Asset Act. They warn that without this understanding, we risk stifling innovation and user welfare maximization. 🚀 What's your take? Let's get the conversation rolling in the comments! 💬