IG partners with Bitpanda to expand crypto trading across Europe

IG Europe will use Bitpanda's infrastructure to offer crypto trading to investors across the continent. The move follows the London-listed firm's introduction of spot crypto services in the United Kingdom last year.

Trading giant IG plans to extend its cryptocurrency services throughout Europe by partnering with the Austrian exchange Bitpanda. The European division will rely on Bitpanda's liquidity, trading connectivity and market data, according to a company statement issued on Thursday. No specific timeline for the rollout has been provided.

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Morgan Stanley has started offering clients the ability to trade cryptocurrencies directly inside E*Trade brokerage accounts, executing a partnership announced last September.

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Japanese financial conglomerate SBI Holdings has submitted a letter of intent to acquire shares in cryptocurrency exchange Bitbank, aiming to make it a consolidated subsidiary. The move supports SBI's expansion in digital assets amid Japan's planned regulatory changes for cryptocurrencies. The deal is subject to due diligence, negotiations, and approvals.

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