Nomura-Backed Laser Digital Wins Japan’s First Crypto Approval in Four Years

According to CoinDesk, Laser Digital became the first new entrant into Japan's crypto industry in four years after its local subsidiary secured registration as a crypto asset exchange service provider just as the country prepares to bring crypto under a financial-instruments framework. The firm will initially offer liquidity services to domestic virtual-asset service providers, the company said Friday. It plans to expand into digital-asset trading opportunities for institutional investors, though a launch date and the full scope of those services have not been announced. The firm announced its plans to expand its crypto offering in Japan late last year.