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Incumbent Macron Wins French Presidential Election

The centrist will remain in power after a campaign in which Web 3 proved to be a non-issue.

Updated May 11, 2023, 6:32 p.m. Published Apr 24, 2022, 7:05 p.m.
Emmanuel Macron (Aurelien Meunier/Stringer/Getty Images)
Emmanuel Macron (Aurelien Meunier/Stringer/Getty Images)

Incumbent centrist Emmanuel Macron has won the run-off in the French presidential election, with exit polls giving him a significant margin over nationalist rival Marine Le Pen.

  • Le Pen conceded shortly after the ballot closed, with exit polls putting Macron at between 57% and 58% of the vote in the two-horse race, making him a rare incumbent to hold onto power in a country known for turnover at the top.
  • Macron's government has promised to make France a leader in blockchain, but the topic was largely ignored in the race.
  • Attention now turns to legislative elections due in June, which will determine Macron's control over government ministers.

Read more: France's Presidential Candidates Ignore Crypto Issues

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Sizin için daha fazlası

SEC makes quiet shift to brokers' stablecoin holdings that may pack big results

U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

The securities regulator has continued its Project Crypto work to make unofficial policy changes as it moved to let broker-dealers treat stablecoins as capital.

Bilinmesi gerekenler:

  • The addition of a few lines in a frequently-asked-questions page on the U.S. Securities and Exchange Commission website may open up the use of stablecoins in capital calculations for U.S. broker-dealers.
  • The agency is instructing brokers that they need only give their stablecoins a 2% haircut when calculating how much they can be used as regulatory capital.