The House of Lords in the UK has voted to pass the Financial Services and Markets Bill regarding cryptocurrency

ChainCatcher news, the Financial Services and Markets Bill (FSMB) has been approved by the House of Lords, recognizing cryptocurrency as a regulated activity and stablecoins as a means of payment under existing law. The FSMB will then be sent back to the House of Commons to agree on the final version. Once both houses agree on the document, it will be sent to the King for approval and become law. (source link)