Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi By Cointelegraph
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The Abu Dhabi Global Market (ADGM) has granted Laser Digital, the digital assets arm of Japan’s Nomura Bank, in-principal approval to provide broker-dealer services and asset/fund management services with both digital and traditional assets, according to an ADGM communication on Sept. 26.
Laser Digital can receive full Financial Services Permission to operate after fulfilling conditions specified in the current approval. Those conditions were not specified in the communication. Laser Digital CEO Jez Mohideen said of the ADGM in the communication:
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The Abu Dhabi Global Market (ADGM) has granted Laser Digital, the digital assets arm of Japan’s Nomura Bank, in-principal approval to provide broker-dealer services and asset/fund management services with both digital and traditional assets, according to an ADGM communication on Sept. 26.
Laser Digital can receive full Financial Services Permission to operate after fulfilling conditions specified in the current approval. Those conditions were not specified in the communication. Laser Digital CEO Jez Mohideen said of the ADGM in the communication:
Continue Reading on Coin Telegraph
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