Nomura's Laser Digital Registers as Japan's First New Crypto Exchange Since 2022

Nomura's Laser Digital has finally registered as Japan's first new crypto exchange since 2022, after a three-year and ten-month gap.

The registration comes roughly six months after Nomura disclosed $65 million in crypto-trading losses tied to Laser Digital and tightened the unit's risk controls.

Laser Digital Japan, the local arm of Nomura's digital-asset subsidiary, will initially supply liquidity to Japan's existing licensed virtual-asset providers before adding trading services for institutional investors.

'Completing the rigorous regulatory review process marks an important milestone in our roadmap,' said Hideaki Kudo, representative director and head of Laser Digital Japan.