From June 6-9, the European Union Parliament Elections are set to have a profound impact on the future regulatory landscape of the cryptocurrency industry in the EU. Jag Kooner, who serves as the Head of Derivatives at Bitfinex, suggests that the outcome of these elections could determine whether there will be stricter regulations or more supportive measures for cryptocurrencies, depending on the political parties that gain power. This sentiment highlights the wider sense of uncertainty and potential fluctuations in the cryptocurrency market, which are closely tied to regulatory advancements.
