Laser Digital Seeks Crypto Trading License in Japan
- Laser Digital, a subsidiary of the Nomura Group, is planning to apply for a crypto trading license in Japan.
- The unit is currently in pre-consultation talks with Japan’s Financial Services Agency (FSA).
- CEO Jez Mohideen expressed optimism about the Japanese digital-asset ecosystem.
- Daiwa Securities recently began allowing clients to use bitcoin and ether as collateral for yen loans.
- Current prices are approximately BTC $111,480 and ETH $4,475.
The move by Laser Digital indicates a growing interest in the cryptocurrency market within Japan, especially as traditional finance begins to integrate with digital assets. This follows Daiwa Securities’ recent initiative to blend crypto with conventional lending practices.
Laser Digital’s application for a crypto trading license highlights its commitment to expanding services for institutional clients amid rising interest in digital assets like bitcoin and ether.
