Nomura’s Laser Digital Secures Crypto License in Abu Dhabi

• Laser Digital receives regulatory approval from ADGM to offer crypto services.
• Approval highlights ADGM’s commitment to robust crypto regulations.
• Laser Digital aims to serve the growing UAE virtual asset market.

Laser Digital (AD) Limited, a subsidiary of global financial services group Nomura, has secured a Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority. This license enables Laser Digital to offer broker-dealer and asset/fund management services for both virtual assets and traditional assets within the ADGM.

Jez Mohideen, the CEO of Laser Digital operations in the UAE, shared his team’s excitement about this achievement, saying:

“We at Laser are very happy about reaching this important milestone. We are eager to contribute responsibly to the virtual asset industry in the UAE. We have always followed the highest standards of compliance and regulations at ADGM, and we are excited to contribute to ADGM’s ecosystem.”

The approval of Laser Digital’s license demonstrates ADGM’s commitment to creating a strong and forward-thinking regulatory environment for financial services. Arvin…

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