No major party won a majority in the French election, which could hinder the passage of new legislation such as crypto regulations

Odaily News The French election results resulted in a hung parliament, with no major party winning a majority, which could affect the passage of new legislation, including cryptocurrency regulations. In the French election, the left-wing coalition "New Popular Front" won 188 seats, becoming the biggest winner, but failed to reach a majority of 289 seats. French President Emmanuel 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 the situation would make it more difficult to formulate new policies, including cryptocurrency regulations. (CoinDesk)