ChainCatcher news, the French election results led to a hung parliament, and no major party won a majority of seats, which may 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 will make it more difficult to formulate new policies, including cryptocurrency regulations.