Nomura Subsidiary Registers as Crypto Business Operator in Japan

Nomura Group's subsidiary, Laser Digital, has completed registration as a cryptocurrency business operator in Japan. This move enables the company to offer custody, trading, and other crypto-related services to institutional clients in Japan.

The registration comes after Japan's parliament approved a bill to overhaul cryptocurrency regulations and tax rules. This legislative update signals a more structured approach to digital assets in the country, potentially encouraging greater institutional participation.

Laser Digital was established in 2022 to focus on digital asset trading, investment, and venture opportunities. By combining Nomura's financial expertise with a compliant digital asset operation, the company is positioned to serve institutional clients in a newly clarified legal environment.