ChainCatcher news, EU elections will begin on Thursday. For the cryptocurrency industry, this means that key legislators may lose seats in the new 720-member parliament, and the industry's policy agenda will enter an unstable period. Crypto experts are closely watching how legislators handle the delicate balance between regulation and innovation.
The crypto industry will pay attention to who will play several key roles in the new parliament. For example, the Parliament's Economic and Monetary Affairs Committee has played a vital role in revising and formulating crypto legislation over the past five years. It shaped MiCA, which represents the crypto asset regulatory market, and rules to prevent money laundering. The Civil Liberties, Justice and Home Affairs Committee and the Internal Market and Consumer Protection Committee also have an impact on crypto legislation.