The IOSCO paper on DeFi policy recommendations is quite clear in its view about MEV and seeks to hold DeFi providers (broadly de
11 Sep 2023, 15:44
The IOSCO paper on DeFi policy recommendations is quite clear in its view about MEV and seeks to hold DeFi providers (broadly defined) responsible for identifying and managing MEV.
"the ability to reorder, insert, and otherwise control transactions enables conduct that in traditional markets would be considered manipulative and unlawful"
"Regulators should seek to hold a provider of a DeFi product or service responsible for identifying and, to the extent practicable, managing and mitigating the impact of MEV strategies used by miners/validators on the underlying blockchain"