Germany’s Right Alliance (CDU/CSU) managed to secure most places in the country’s parliamentary elections on Sunday, suggesting that a more innovation -friendly environment is waiting.

Friedrich Merz’s CDU/CSU secured 28.52% of the vote, while the right -wing extraction alternative for Germany (AfD) secured 20.8% of the vote. There are 733 seats in the German base and there is not a majority of the party, so a coalition will be formed.

Mark Foster, EU policy for Crypto Council for Innovation, expects the Center Right Alliance to probably support the European Union’s approach to digital innovation, he told Coindesk in an interview prior to the election.

“So I do not expect a massive change overnight from the previous government to the new government in terms of either digital assets policy or digital euro, but perhaps an openness and a willingness to think about how these solutions may help with improve competitiveness in the German and European economy and bring some jobs and growth into competition, which is clearly the overall principle at the moment and prioritized for the Europe Commission, “Foster said.

Germany’s elections have so far had little influence on crypto. The country, which is the European Union’s largest economy, called an early election after its coalition between the Social Democrats (SDP), Free Democratic Party (FDP) and Green collapsed in November.

Although the country was late with passing legislation to enforce the European Union’s tailor -made markets in crypto -assets – adopted legislation days before the mandate implementation date in December – still managed to process MICA licenses over the past few weeks. And Foster does not expect “there will be” any influence with regard to the daily implementation of existing EU legislation “that goes on.

Next, the freshly elected MPs must vote for the country’s new chancellor and head of the federal government.