IG becomes the first London listed business to be granted a crypto asset licence by the watchdog
Investment platform IG, has been granted a crypto asset licence by the UK’s financial watchdog enabling it to expand its services and cement its position as a multi-asset trading platform.
The decision makes IG the first UK-listed business to join the Financial Conduct Authority’s (FCA) crypto asset register, marking a significant milestone for the rapidly growing UK sector.
The move will enable the firm to significantly expand its crypto offerings to customers, after launching crypto trading in June through a partnership with FCA-registered firm Uphold, prior to getting its licence.
IG customers will now be able to transfer crypto assets in and out of the IG platform as well as access