Stablecoin regulation: it is almost a reality in the UK

When it comes to stablecoin regulation, it is already almost a reality in the United Kingdom. The Financial Services and Markets Bill (FSMB), was also approved by the House of Lords on Monday, and is about to enter the final stages before it comes into force.  Stablecoin regulation: in the UK, the FSBM bill passed by the House of Lords. According to reports, the House of Lords has passed the Financial Services and Markets Bill (FSMB), the bill that recognizes crypto as a regulated activity and stablecoins as a means of payment.  NEW: Lawmakers in @UKHouseofLords have voted for the