According to ChainCatcher, the results of the French election resulted in a hung parliament, with no major party winning a majority, which could affect the passage of new legislation, including cryptocurrency regulations. The left-wing coalition "New People's Front" won 188 seats, becoming the biggest winner, but failed to reach a majority of 289 seats. President Macron's centrist coalition won 161 seats, and Marine Le Pen's far-right National Rally won 141 seats. Mark Foster, head of EU policy at the Crypto Council for Innovation, said this would make it more difficult to formulate new policies, including cryptocurrency regulations.
