Nomura-Backed Exchange Lists SHIB Among First Six Tokens

Laser Digital Japan, the Japanese entity of Nomura's digital assets subsidiary, has completed its registration and is now authorized to operate as a crypto asset exchange service provider under Japan's Payment Services Act.

This marks the newest entry into Japan's crypto asset industry since 2022, following a four-year hiatus in new approvals. During this time, Japan introduced major regulatory reforms, including around stablecoins, and institutional investors have increasingly viewed digital assets as an important diversification tool.

Kuro highlighted the significance of this development to Shiba Inu ($SHIB): it is one of the six tokens that will be handled first by Laser Digital. The others include BTC, ETH, XRP, BCH, and LTC.