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Live News REGULATION ARTICLE M impact

UK House of Lords backs mandatory digital asset strategy amendment

The House of Lords backed an amendment requiring the government to develop a digital asset strategy. The amendment was approved during the Financial Services and Markets Bill Report Stage in a 194—138 vote on Wednesday, despite the Labour government’s opposition.

The UK House of Lords backed an amendment requiring the government to develop a digital asset strategy, passing it 194—138 on Wednesday despite Labour government opposition. The amendment was added to the Financial Services and Markets Bill at its Report Stage on Wednesday.