The European elections have formed a new EU Parliament that will rule for the next five years.
The new European parliament is set to continue the European Union’s relatively supportive policies toward the cryptocurrency industry.
Last week, 185 million EU voters from 27 member states took part in the elections to choose the new European Parliament.
The European political arena has transformed thanks to a surge in representation from the far-right wing, the consolidation of the European People’s Party (EPP) and the decline of the Greens/European Free Alliance (Greens/EFA).