The decision by France’s center-right prime minister to call a surprise parliamentary election on June 30 has left the digital asset industry pondering a sudden shift in policy. Daniel Seifert, vice president of Coinbase Europe and the Middle East, said it was impossible to predict what would happen next because other political parties had no specific stance on cryptocurrencies. The June 30 election and July 7 runoff, which asks voters to elect a new National Assembly, could result in the right-wing National Rally party dominating the majority and producing a new prime minister, with the presidential race not to be held until 2027. Whichever party takes power in the country in July, it will have to interact with the new European Commission on upcoming cryptocurrency regulations. During the administration of French President Emmanuel Macron, Paris has been home to several crypto unicorns, such as Ledger and Sorare, and has a diverse web3 culture, rewarding crypto founders with various incentives to settle there. (DL News)