The upcoming elections in Europe will not hinder the European Union's regulatory framework - the CryptoAssets Market law that will come into effect this year - as crypto advocates say.

European Parliament elections may point to possible local election results that will not affect crypto laws at the national level.

Elections taking place across Europe will likely have no impact on the European Union's crypto laws and future policies, industry advocates say.

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The comprehensive package of MiCA (Crypto Assets Market law) was enacted last year and will come into force this year. Stablecoin measures from this rules package will go into effect on June 30, with the rest of the laws coming into force in December.

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France's president, Emmanuel Macron, has called a surprise parliamentary election after his government's Renaissance party secured only half the seats won by right-wing Marine Le Pen's National Rally in the European Parliament election.

France will hold two rounds of voting on June 30 and July 7, and it looks like the outcome will not reverse the laws passed around crypto so far.

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Austria is also expected to hold a general election on September 29 this year, where a new National Council - which proposes and passes laws - will be elected. Polls show the far-right Freedom Party is now ahead of its rivals.

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What will happen next? Leave your comments below and join us on this crypto journey!

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