UK House of Lords passes digital asset strategy amendment

The UK House of Lords has passed an amendment requiring the Treasury to publish a national digital asset strategy within 12 months, covering crypto, stablecoins and tokenized securities. The move is framed as the UK working to catch up with the EU's MiCA framework and the U.S. CLARITY Act. No details on the strategy's scope, timetable or consultative process beyond the one-year publication requirement were disclosed.