The IGG investment platform (IgG) said it has begun to offer cryptography trade to retail investors, becoming the first public firm in the United Kingdom to do so.
This marks the first offer of exposure to IG cryptography through Bitcoin spot trade
ether and a range of smaller chips.
The company’s cryptographic service has been previously limited to products derived in the Difference Contracts (CFD) form.
IG has been associated with the Fintech firm focused on cryptocurrencies based in the US.
This can demonstrate the growing integration between traditional finances (tradfi) and digital assets that investors and merchants now hope to see.
The London -based firm movement also coincides with the continuous development of the United Kingdom’s plans to establish a regulatory regime for the cryptographic industry. The Government published two consultation documents in April on the legislation project for activities such as cryptocurrency trade and Stablecoin issuance.
Ig shares are around 0.25% higher in the day at the time of writing, compared to the FTSE 100 index that does not change.
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