Nomura’s Laser Digital Prepares To Enter Japan’s Crypto Market
Financial services holding company Nomura Holdings is preparing to expand into Japan’s cryptocurrency market through its Switzerland-based subsidiary, Laser Digital Holdings.
A Laser Digital spokesperson confirmed Friday that the unit is in pre-consultation talks with Japan’s Financial Services Agency (FSA) and intends to apply for a license to offer crypto trading services to institutional investors in the country.
However, the spokesperson told Cointelegraph that the application date remains “undetermined,” and will depend on the outcome of the discussions with the FSA.
If approved, Laser Digital would launch broker-dealer services for traditional financial firms and crypto-focused companies, including exchanges in Japan….
