ChainCatcher news, the results of the French election have led to a hung parliament, with major parties failing to secure a majority, which may affect the passage of new legislation, including cryptocurrency regulations.The left-wing alliance "New People's Front" won 188 seats, becoming the biggest winner, but fell short of the 289-seat majority. President Macron's centrist alliance secured 161 seats, while Marine Le Pen's far-right National Rally obtained 141 seats.Mark Foster, the EU policy head of the Crypto Council for Innovation, stated that this will make the formulation of new policies, including cryptocurrency regulations, more difficult.