Germany’s Centre Right Alliance (CDU/CSU) managed to secure the most seats in the country’s parliamentary election on Sunday, suggesting a more innovation-friendly environment awaits.
Friedrich Merz’s CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote. There are 733 seats in the German Bundestag and no party secured a majority, so a coalition will be formed.
Mark Foster, European Union policy lead at the Crypto Council for Innovation, expects that the Centre Right Alliance will likely support the European Union’s approach to digital innovation, he told CoinDesk in an interview ahead of the election.
“So I don’t 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 can possibly help improve the competitiveness of…
