The European Union's Securities and Markets Authority (ESMA) has released its third consultation package on crypto regulations under the Markets in Crypto Asset (MiCA) framework. ESMA suggests treating miner-extractable value (MEV) as market abuse under MiCA rules. Patrick Hansen from Circle criticized ESMA's policy, stating compliance would be burdensome. He urged stakeholders to provide feedback by the June 25 deadline. MEV remains a concern in decentralized finance, with Vitalik Buterin proposing strategies like MEV quarantine and minimization. Buterin emphasized the need to address MEV without banning it entirely. This highlights ongoing efforts to combat MEV issues in the crypto industry. Stay informed on crypto regulations to make informed decisions for your ventures by subscribing to the Law Decoded newsletter. Read more AI-generated news on: https://app.chaingpt.org/news
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