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Laser Digital Japan, backed by Nomura Securities, has received approval as a crypto asset exchange service provider, becoming the first new company to obtain the registration in Japan in four years.

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Add to Google Preferred Sources Laser Digital Japan, the Japanese subsidiary of Nomura’s digital asset arm Laser Digital, has obtained registration as a digital asset exchange operator from Japan’s financial regulator. This marks the first new cryptocurrency asset exchange service provider registration in Japan in four years. The company plans to initially provide liquidity supply…

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.