Nomura Unit Eyes Wider Access To Crypto Trading In Japan: Report [Yahoo! Finance]
DAIWA SECS GROUP S/ADR (DSEEY)
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Source: Yahoo! Finance
Laser Digital Holdings seeking a license to offer trading services to institutional clients. Laser, based in Switzerland, is in pre-consultation talks with Japan's Financial Services Agency, according to Chief Executive Officer Jez Mohideen. Mohideen told Bloomberg that the application reflects the group's confidence in the country's digital asset ecosystem. Transaction Value Doubles As Investors Embrace Digital Assets In Japan Japan's crypto trading market has expanded rapidly this year. Data from the Japan Virtual and Crypto assets Exchange Association showed that the value of transactions doubled to ¥33.7 trillion, or about $230b, in the first seven months alone. Supportive policies abroad, particularly in the US, and anticipated changes at home such as tax cuts and new rules for crypto-focused funds have fueled the momentum. The move by Nomura comes as cryptocurrencies push further into mainstream financial services in Japan. Daiwa Securities, the country's second-larg
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