Analysis: The European Parliament will elect a new European Commission, which may have a significant impact on cryptocurrency policy

ChainCatcher news, according to Cointelegraph, the European Parliament will elect a new European Commission this fall, which could have significant implications for cryptocurrency policy. Although the new commission will not take office until November at the earliest, several trends that may influence future regulation can already be identified.

First, the political center in Europe is shifting to the right, which will affect various businesses.

Second, policymakers are vying for influence over innovation policy, and future crypto policies may be more influenced by individuals rather than political parties.

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

Experts suggest that before formulating new policies, the EU should ensure that existing rules are properly implemented. European leaders are seeking to enhance competitiveness, and supporting an innovation-friendly digital asset framework could help attract jobs and promote economic growth. Participants in the cryptocurrency industry should closely monitor these policy trends and prepare for potential regulatory changes.