The National Rally’s commanding lead with 33.2% of the vote eclipsed the leftwing New Popular Front’s 28% and President Emmanuel Macron’s Ensemble alliance’s 22.4%, marking analysts speculating on potential implications for the crypto sector. Historically, the NR has maintained an ambiguous stance on crypto.
However, recent years have seen less vocal opposition from Le Pen on this matter, leaving uncertainty about the party’s current position on digital assets. Since 2016, Marine Le Pen has toned down her criticism of the crypto market, prompting speculation over her current stance on the matter.
However, that question is unlikely to arise among crypto firms until 2027, when France will hold its next presidential election. Circle, Gemini, and Crypto.com are among several international crypto firms that have selected Paris as their hub for providing services within the EU.
As of press time, they haven’t publicly indicated any plans to withdraw from France.