CDS Crypto News Nomura-Backed Laser Digital Company Among Those Licensed for Crypto Operations in Dubai
Crypto News

Nomura-Backed Laser Digital Company Among Those Licensed for Crypto Operations in Dubai

Nomura-backed Laser Digital will now be able to provide services in Dubai.

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Nomura-Backed Laser Digital Company Among Those Licensed for Crypto Operations in Dubai

After Binance, the acceptance of its operating license by Dubai’s Virtual Asset Regulatory Authority (VARA) marks a key milestone for Laser Digital Middle East FZE, the Nomura subsidiary that deals in digital assets.

Nomura-Backed Laser Digital Company Among Those Licensed for Crypto Operations in Dubai

Laser Digital is now able to provide Virtual Asset (VA) Broker-Dealer Services and VA Management and Investment Services from its Dubai business thanks to the approval, which signifies the successful conclusion of VARA’s thorough licensing process. The trading and asset management operations of Laser Digital will soon be launched under the direction of CEO Jez Mohideen and Cameron Dickie, who is also the Head of Distribution. The company will put a strong emphasis on giving institutional investors access to OTC trading services and a wide range of digital asset investment products and solutions.

Laser Digital CEO Speaks on the Subject

The rigorous and consultative process used by VARA, which gives institutional investors the assurance they need to engage in the digital asset class, was emphasized by Jez Mohideen, CEO of Laser Digital. He emphasized Laser Digital’s dedication to appropriate involvement with digital assets and voiced excitement for the company’s growth possibilities.

About Laser Digital

Nomura helped launch Laser Digital last fall, which combines the best methods and tools from international investment banking with the know-how of a team with experience in the cryptocurrency space. With offices in Dubai and London in addition to its Swiss headquarters, the firm maintains a significant presence.

Nomura-Backed Laser Digital Company Among Those Licensed for Crypto Operations in Dubai
Sources:coincu
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lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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