The EU elections will begin this week, and the regulatory policy agenda for the cryptocurrency industry will enter a turbulent period

ChainCatcher news, the EU elections will begin on Thursday. For the cryptocurrency industry, this means that key legislators may lose their seats in the new parliament of 720 members, and the industry's policy agenda will enter a period of instability. Crypto experts are closely monitoring how legislators handle the delicate balance between regulation and innovation.

The crypto industry will focus on who will take on several key roles in the new parliament, such as the Economic and Monetary Affairs Committee, which has played a crucial role in amending and drafting cryptocurrency legislation over the past five years. It shaped MiCA, which regulates the cryptocurrency asset market, as well as rules to prevent money laundering. The Civil Liberties, Justice and Home Affairs Committee and the Internal Market and Consumer Protection Committee have also influenced cryptocurrency legislation.