IG Group Secures FCA Crypto License, Expands UK Crypto Services

  • IG Group (IGG) received a crypto asset license from the U.K.'s Financial Conduct Authority (FCA), becoming the first London-listed firm on the regulator's crypto register.
  • The FCA approval allows IG to expand its crypto services, enabling direct digital asset transfers and offering new trading features with improved token pricing.
  • Existing users will be migrated to IG’s native platform soon.
  • This integration adds crypto to IG’s offerings, which include stocks, indices, ETFs, forex, commodities, and derivatives.
  • IG aims to become a comprehensive platform for retail traders seeking diversification across asset classes.
  • IG shares increased by 1.23%, reaching 10.74 pounds ($14).