Laser Digital has been registered in Japan — the first new registration in four years
The firm belongs to the Nomura group, one of Japan's largest banks, and is now registered as a crypto-asset exchange service provider under the Payment Services Act. The previous registration of that kind was granted in October 2022.
There will be no retail venue: the work starts with supplying liquidity to domestic companies, while trading for institutional investors is promised later, with timing and scope to be announced separately.
The context matters more than the licence itself. A month ago Japan moved crypto assets under its financial instruments law, and the market was waiting to see whether the window would open for new entrants. The first one through it is not a foreign retail giant but a local bank's arm going after professional clients.
The company's statement
#regulation
🔗 My channels: Youtube • X • LinkedIn • Instagram • Threads
The firm belongs to the Nomura group, one of Japan's largest banks, and is now registered as a crypto-asset exchange service provider under the Payment Services Act. The previous registration of that kind was granted in October 2022.
There will be no retail venue: the work starts with supplying liquidity to domestic companies, while trading for institutional investors is promised later, with timing and scope to be announced separately.
The context matters more than the licence itself. A month ago Japan moved crypto assets under its financial instruments law, and the market was waiting to see whether the window would open for new entrants. The first one through it is not a foreign retail giant but a local bank's arm going after professional clients.
The company's statement
#regulation
🔗 My channels: Youtube • X • LinkedIn • Instagram • Threads