TechFlow reported that according to Cointelegraph, the European Parliament will elect a new European Commission this fall, which may have an important impact on cryptocurrency policy. Although the new commission will not take office until November at the earliest, several trends that may affect future regulation can already be identified.

First, the political center of gravity in Europe is shifting to the right, which will affect all kinds of businesses.

Second, as policymakers compete for influence over innovation policy, future crypto policy may be influenced more by individuals than by political parties.

Third, innovation is becoming a pillar of policy in the coming years, with digital privacy and artificial intelligence identified as EU policy priorities.

Experts suggest that before developing new policies, the EU should ensure that existing rules are properly implemented. European leaders are seeking to improve competitiveness, and supporting an innovation-friendly digital asset framework may help attract jobs and promote economic growth. Cryptocurrency industry participants should pay close attention to these policy trends and prepare for possible regulatory changes.