Nomura’s Laser Digital Targets Japan Crypto Exchange License by 2026
Nomura Holdings’ crypto subsidiary plans a Financial Services Agency application as other major Japanese brokers explore market entry.
Summary
Nomura Holdings’ subsidiary Laser Digital intends to seek a crypto exchange license from Japan’s Financial Services Agency (JFSA, Japan financial regulator) by 2026, according to Nikkei. The move indicates expanding institutional interest in Japan’s digital asset sector. Daiwa Securities Group and SMBC Nikko Securities are also reportedly evaluating entering the crypto market, reflecting a broader trend among major Japanese brokers to establish frameworks for cryptocurrency-related business operations.
Terms & Concepts
- Financial Services Agency (JFSA): Japan’s national financial regulator overseeing banking, securities, and insurance sectors.
- Crypto Exchange License: A government-issued authorization allowing entities to operate a digital asset trading platform legally.
- Laser Digital: The cryptocurrency-focused subsidiary of Nomura Holdings, engaged in trading, investment, and digital asset services.