IG Group Secures Cryptoasset Licence from UK FCA
- IG Group, a publicly-listed UK trading firm, received a cryptoasset licence from the Financial Conduct Authority (FCA).
- The licence enables IG Group to expand its retail crypto trading offerings.
- Clients will gain access to major digital assets like Bitcoin and Ethereum.
- This approval aligns with the UK’s strategy to become a competitive hub for crypto innovation.
- The move is part of growing regulatory cooperation between the UK and the US.
IG Group has been granted a cryptoasset licence by the FCA, allowing it to expand its retail trading operations in digital assets such as Bitcoin and Ethereum. This development supports the UK’s aim to enhance its position in global crypto markets.
Source (3.2)https://cryptobriefing.com/ig-group-receives-fca-cryptoasset-licence/?rand=59535