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Nomura-Backed Laser Digital Secures Key Crypto Entry in Japan


Nomura-Backed Laser Digital Secures Key Crypto Entry in Japan

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Nomura-backed Laser Digital Japan secured registration as a Crypto Asset Exchange Service Provider, the first new crypto industry registration in Japan in four years, positioning it to provide liquidity to Japanese virtual asset providers. The firm plans to expand into institutional digital asset trading, signaling growing crypto adoption and demand for professional counterparties and infrastructure amid regulatory changes, though no launch dates were announced.

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Laser Digital Japan has secured registration as a Crypto Asset Exchange Service Provider, opening an institutional chapter. The Nomura-backed firm plans to provide liquidity for Japanese virtual asset providers.

Moreover, it expects to expand into digital asset trading for institutional investors. The company has not announced launch dates.

The approval carries significance because Japan has gone four years without another crypto industry registration. Consequently, Laser Digital enters a market undergoing regulatory changes. Its registration also signals demand for professional counterparties and digital asset infrastructure.

https://x.com/LaserDigital_/status/2090715160000217537

Market Entering Maturity

Japanese institutions are increasingly seeing crypto as a diversification asset for their portfolios. According to a survey conducted by Nomura and Laser Digital…

Read The Full Article Nomura-Backed Laser Digital Secures Key Crypto Entry in Japan On Coin Edition.

Read the article at CoinEdition

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