The UK House of Lords has voted to pass an amendment requiring the government to develop a digital asset strategy

The UK House of Lords passed an amendment with 194 votes in favor and 138 votes against, requiring the UK Treasury to develop and publish a digital asset strategy within 12 months after the Financial Services and Markets Act comes into effect. The strategy covers topics such as cryptocurrencies, stablecoins, and tokenized securities, and will be submitted to the House of Commons for review.