Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»The European Union (EU) is also considering a ban on MEVs, following the United States. Will Bitcoin Miners Be Affected?
ALTCOIN NEWS

The European Union (EU) is also considering a ban on MEVs, following the United States. Will Bitcoin Miners Be Affected?

By Crypto FlexsMay 28, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The European Union (EU) is also considering a ban on MEVs, following the United States.  Will Bitcoin Miners Be Affected?
Share
Facebook Twitter LinkedIn Pinterest Email
  • The EU plans to limit MEV in cryptocurrencies to minimize ‘market abuse’.
  • Industry analysts have mixed opinions on this proposal.

The European Securities and Markets Authority (ESMA) plans to limit the Maximum Extractable Value (MEV) utilized by miners and validators.

Commenting on the plan, Patrick Hansen, Circle’s Head of Strategy and Policy for the EU Region, said: decided The EU aims to make MEVs ‘illegal’.

‘MEVs are treated as a clear example of illicit market abuse by the EU draft standard setting out the MiCA rules.’

The MEV limits are part of ESMA’s implementation guidance for various rules included in the Regulated Markets in Cryptoassets (MiCA).

Impact and response to the EU’s MEV regulatory plans

For those unfamiliar, MEV is a way for miners and validators to increase their profits by reordering transactions to prioritize those paying higher fees.

In ESMA plan (Page 10) The ‘reorder’ aspect of MEV is considered ‘market abuse’.

“Secondly, ESMA requires MiCA to place orders, trades, Other aspects of distributed ledger technology are Market abuse (e.g. the well-known Maximum Extractable Value (MEV)) Miners/validators can utilize the ability to arbitrarily reorder transactions. “Make money by pre-executing specific trades.”

Stakeholders are asked to provide feedback on the draft standard before the end of June. If adopted, brokers and cryptocurrency exchanges will be required to report suspicious transactions or reorders to authorities.

However, Hansen emphasized the challenges of implementing this plan if adopted. He noted that this plan means each MEV instance must be reported. Additionally, MEV operators may be prosecuted and prosecuted.

“Actors involved in MEV may be subject to investigation and enforcement.’

The EU’s move appears to follow the US’s actions. Recently, the U.S. DoJ prosecution Two brothers are accused of using sophisticated MEV technology to extract $25 million from the Ethereum network.

This is the first time that a scenario linked to an MEV has resulted in a billing. But it appears the EU’s plans could lead to more operators being prosecuted.

Robert Sasu of MultiversX assert ‘MEV’ was a steal and supported the EU’s plan.

“MEV is theft. #Blockchain The world was supposed to create a better world, not fall into a frenzy of greed.”

However, Coinalyze, a cryptocurrency analysis platform, criticize EU proposal.

“EU regulators are determined to destroy the EU’s cryptocurrency industry. ‘There is no central bank in the world that hates cryptocurrencies as much as the ECB.’

Currently, this proposal is only a draft standard. However, if adopted, this could have far-reaching implications, especially for validators or miners based in the EU and other regions.

Next: Notcoin rises 45% to enter top 100 Can we break $0.01 now?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

2025 Best Free Cloud Mining

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025

Bitcoin’s $ 100k drop in caught many merchants for many merchants.

June 6, 2025

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Use Sunny Mining Cloud Mining to earn $ 12,000 a day

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025
Most Popular

Bitcoin experts are wary of BTC price rising to $77,000 after ‘Spoof City’.

November 9, 2024

AGI Development: The Core of Future AI, Zhu Songchun’s Vision

March 15, 2024

Ethereum Navigating the Market Amid Increasing Competition

February 26, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.