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Laser Digital Middle East FZE Receives Operating License Approval from Dubai's Virtual Asset Regulatory Authority (VARA)

Laser Digital Middle East FZE, a subsidiary of Nomura focused on cryptocurrency, has been granted a full operating license by Dubai's Virtual Asset Regulatory Authority. This license permits Laser Digital to offer crypto broker-dealer and asset management services from its Dubai entity. The company plans to launch over-the-counter crypto trading services and investment products for institutional investors in the near future. Despite the collapse of some cryptocurrencies last year, traditional financial institutions such as Nomura and Societe Generale continue to invest in the sector.

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