European Union elections start this week, and the crypto industry regulatory policy agenda will enter a turbulent period

European Union elections begin on Thursday. For cryptocurrencies, that means key lawmakers could lose their seats in the new 720-member parliament, while the industry's policy agenda enters turbulent times. Over the past five years, the European Union has methodically responded to the challenges of crypto assets by adopting a comprehensive regime called MiCA.
The crypto industry will be watching who will hold several key positions in the new parliament. For example, the parliament's Committee on Economic and Monetary Affairs has played a key role in amending and developing crypto legislation over the past five years. It formed the MiCA, as well as rules to prevent money laundering.
The Civil Liberties Committee, the Justice and Home Affairs Committee, and the Internal Market and Consumer Protection Committee have influenced crypto legislation. Other important positions are coordinators of political parties across the political spectrum in parliament.