Nomura-Backed Laser Digital Japan Becomes First New Crypto Exchange in Japan in Four Years

Japan-based Nomura Securities-backed Laser Digital Japan has been approved as a crypto asset exchange service provider, becoming the first new firm to receive such registration in Japan in four years. Laser Digital will initially provide liquidity services to domestic virtual asset service providers and plans to later launch digital asset trading services for institutional investors. Japan has previously reclassified crypto assets as financial instruments, laying the regulatory foundation for potential products such as crypto ETFs.

Nomura-Backed Laser Digital Japan Becomes First New Crypto Exchange in Japan in Four Years

Japan-based Nomura Securities-backed Laser Digital Japan has been approved as a crypto asset exchange service provider, becoming the first new firm to receive such registration in Japan in four years. Laser Digital will initially provide liquidity services to domestic virtual asset service providers and plans to later launch digital asset trading services for institutional investors. Japan has previously reclassified crypto assets as financial instruments, laying the regulatory foundation for potential products such as crypto ETFs.

Source:https://twitter.com/wublockchain/status/2090764533149442497