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25% of Ethereum Blocks Comply With US Sanctions and Can Censor | .

25% of Ethereum Blocks Comply With US Sanctions and Can Censor Transactions

A
number of MEV-Boost relays are regulated under OFAC and can censor transactions. Over 25% of Ethereum blocks are now compliant with OFAC regulations. One website, MEV Watch, shows that some MEV-Boost relays are regulated under OFAC and can censor certain transactions.

OFAC is the Office of Foreign Assets Control, a division of the United States Treasury Department that manages and imposes sanctions. The department has made headlines in the crypto market before, largely because it sanctioned Tornado Cash and addresses associated with it. As described on the website, “MEV-boost is a service that Ethereum PoS Validators have the option to run to outsource their block production duties to the highest bidder.”.

Source

https://t.me/Cash_Blockchain_News