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IG Group Wins FCA Crypto License, First London-Listed Firm on Register

The approval positions IG to fold crypto into its core platform.

Overview

  • IG will migrate Uphold-based crypto accounts to its native app in the coming weeks, with no customer action required.
  • The native service will support transfers of digital assets into and out of IG, add more tokens, introduce new trading tools, and target improved pricing.
  • The license follows IG’s June rollout of partner-powered spot trading with Uphold that offered access to more than 35 cryptocurrencies.
  • Crypto access will sit alongside IG’s existing markets—stocks, indices, ETFs, forex, commodities and derivatives—within a single interface.
  • The clearance comes as the FCA works to speed crypto firm registrations, with IG shares reported up about 1% after the announcement.