UKRegulation

Big News: UK Trading Giant Plunges into Crypto! 🚀

UK-listed IG Group is diving headfirst into crypto trading, giving retail investors direct access to 31 different digital assets, including Bitcoin, Ether, XRP, and even meme coins like Bonk! 💥

This is a huge move, as IG previously only offered crypto exposure through CFDs. Now, it's the real deal: buying, selling, and holding actual crypto.

This comes as the UK is pushing for clear crypto regulations and adoption is soaring. IG is partnering with Uphold, a regulated US-based crypto firm, to handle transactions and pricing. This makes it easier than ever for IG customers to switch between crypto and traditional stock trading.

The UK is making big moves in crypto, and this could be a game-changer! What do you think of this?

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#CryptoTrading #UKRegulation #Bitcoin #Altcoins #Web3

🟡 Britain against bitcoin reserves? For now — yes

— Emma Reynolds, representative of the UK Treasury, stated at an economic forum in London: there will be no strategic crypto reserve.

— 🇬🇧 The UK has decided not to mimic the US and New Hampshire, where a state-level law on bitcoin investments has already been passed.

— According to Reynolds, Britain will focus on regulation rather than on "bulk purchases."

— Instead, a working group on digital assets will be developed, and a national policy will be formed.

— Cooperation with the US remains a priority, especially regarding unified standards for the crypto market.

📉 Impact on the crypto market — neutral. There were no expectations from Britain, but still, investments in bitcoin are not being made — and this slightly cools the global institutional hype.

Historical fact: FCA (the UK regulator) has long taken a hard stance — back in 2021, it prohibited the sale of crypto derivatives to retail investors.

We are watching where the pendulum will swing — subscribe so you don’t miss it! 🟡

#bitcoin #crypto #UKregulation #EmmaReynolds $BTC $ETH $SOL