Nomura's Laser Digital receives in-principle approval for operation
Laser Digital, the digital assets arm of
Japan's Nomura Bank, has received in-principle approval for operation from Abu Dhabi Global Market (ADGM). Nomura Bank's Laser Digital has been approved to provide broker-dealer services and asset/fund management services with digital and traditional assets. The current approval sees Laser Digital receiving full financial services permission to operate after meeting the conditions specified. Along with this, Laser Digital
CEO Jez Mohideen told about ADGM that such conditions were not specified in the communication.