MiCA Regulation Poses Potential Ban Threat for MEV Activities in the EU

Patrick Hansen, a Circle executive, expresses concern about the potential consequences of the Markets in Cryptoassets (MiCA) regulation on entities involved in Maximal Extractable Value (MEV) activities in the European Union (EU). MiCA is a groundbreaking piece of legislation that governs the issuance and provision of services related to crypto-assets and stablecoins, and it is set to be enforced between mid-2024 and early 2025.



One noteworthy aspect of MiCA is Article 92, which aims to prevent and prohibit market abuse involving crypto-assets. This provision has captured the attention of lawyers and industry stakeholders, as it could have significant implications for MEV participants operating within the EU.



Title VI of MiCA focuses on the "prevention and prohibition of market abuse involving crypto-assets" and applies to all


First found on: https://coinatory.com/2023/07/30/mica-regulation-poses-potential-ban/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP