IG Group has obtained a Cryptoasset license from the FCA, as it became the first listed company in the UK to join the regulatory Cryptoasset record.
This step is an important step in developing the UK encryption market and paving the way for the trading platform to expand its services.
Ig Crypto Trading launched in June by partnership with the FCA that was registered.
Through its own license, the company said that it will soon allow customers to transfer encryption assets inside and outside its platform, expand the number of available symbols, and provide more accurate prices.
Current encryption customers will be deported to the IG platform in the coming weeks without having to take any action.
The company said that integration will allow investors greater flexibility while maintaining the comfort of managing multiple assets categories, including stocks, indicators and traded investment funds, FX, goods and derivatives, in one place.
Michael Haley, the UK’s administrative director at IG, described the company’s “important step” to the company.
He said: “The FCA license enables us to provide a wide range of encryption services, but it also gives our customers more flexibility and flexibility. We are excited to bring more than five decades of market experience to help form the future of the UK Rapid encryption sector.”
Healy added that IG is looking to work closely with the organizer, as it continues to expand its offers.