The results of the French election may affect cryptocurrency policy. France has registered 74 cryptocurrency companies ~~~! 🔥🔥

1. The possible impact of the French election results on cryptocurrency policy. Increasing policy uncertainty: The French far-right party National Rally (RN) has shown strong momentum in recent elections. If it gains significant seats in the parliamentary election, it may cause France to The political arena is becoming more polarized, which in turn increases uncertainty in domestic policymaking, including cryptocurrency policy. The coming to power of far-right parties may bring about stricter regulations or restrictions on cryptocurrencies, especially in areas such as capital flows, anti-money laundering and illegal transactions.

International cooperation is hindered: If the new French government adopts a cryptocurrency policy that is inconsistent with the EU or other countries, it may affect France's cooperation and status on the international stage and limit its influence in international cryptocurrency regulation and cooperation. Market reaction: The election results may lead to volatility in the cryptocurrency market. Investors will adjust their investment strategies according to the policy guidance of the new government, thereby affecting the price and trading volume of cryptocurrency.

2. Current status of France in the field of cryptocurrency Number of company registrations: France has registered 74 cryptocurrency companies, and this number is expected to increase to 100. This shows that France has a certain market foundation and development potential in the field of cryptocurrency.

Regulatory policy: France has strict regulations on the cryptocurrency market. Under the EU’s MiCA regulatory framework, France has advanced the requirement for cryptocurrency companies to obtain regulatory authorization by January 1, 2024. This policy aims to strengthen the supervision of the cryptocurrency market, protect the interests of investors, and prevent activities such as money laundering and illegal transactions.

Market potential: As one of the important economies in Europe, France’s cryptocurrency market has great potential for development. As technology advances and the market matures, French cryptocurrency companies are expected to gain a foothold in the international market.