IG Secures UK Crypto License for In-House Trading Services
IG, a UK-listed investing and trading platform, has become the first UK-listed business to be added to the Financial Conduct Authority's cryptoasset register. The license, granted on September 30, 2025, enables IG to transition from third-party crypto services to operating its own native platform.
The move marks a strategic shift for IG, which previously relied on a partnership with Uphold for cryptocurrency trading. The new in-house platform will handle custody, trade execution, and related services, with existing customers migrated from the partner-based offering.
Michael Healy, UK Managing Director at IG, emphasized the significance of the regulatory milestone. The registration demonstrates how established financial institutions are integrating digital assets within the UK's regulated framework, setting a precedent for others to follow.