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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).