Original sourceCrypto News Time
Summary
The UK House of Lords passed an amendment to the Financial Services and Markets Bill requiring the Treasury to publish and consult on a national digital asset strategy within 12 months of Royal Assent. The strategy covers crypto assets, stablecoins, tokenized securities, digital settlement systems,…
Key points
- Firms with UK operations can expect a more complete policy framework and should prepare early for banking access and payment settlement pain points.
- For the first time, the UK would legislate a unified digital asset strategy, responding to the long lack of a single policy framework and banking access barriers.
- If the bill becomes law, the UK will propose a strategy covering stablecoins and tokenized securities within 12 months, affecting firms' compliance and market access planning.
Editorial note
This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.