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France's recent election resulted in a hung parliament, potentially complicating the formulation of new legislation for cryptocurrencies. S&P Global warns that this situation could make policymaking more challenging due to sustained weakness in economic growth.

S&P GLOBAL: FRANCE'S WELL HUNG PARLIAMENT IS LIKELY TO COMPLICATE POLICYMAKING.
🔵 FRANCE'S HUNG PARLIAMENT COMPLICATES POLICYMAKING, RATING FIRM S(and)P WARNS France's hung parliament is likely to complicate policymaking in the country, credit rating agency S(and)P Global said on Monday, as it warned sustained weakness in economic growth could see its… https://t.co/9y70MuW0Tw
France's hung parliament complicates policymaking, rating firm S&P warns https://t.co/d52oa0Uwss