- Dubai’s regulatory body VARA has awarded its operating license to Laser Digital, a subsidiary of Nomura Holdings.
- CEO Jez Mohideen and the team expressed their excitement at this new development.
- Binance announced yesterday that it secured an Operational MVP License from Dubai’s VARA.
Laser Digital, a subsidiary of Nomura Holdings, has received a full crypto license (VASP license) in Dubai. The license is issued by Dubai’s regulatory body known as the Virtual Asset Regulatory Authority (VARA).
The team at Laser Digital expressed their excitement at the awarding of the license. “VARA’s thorough and consultative process provides institutional investors with the assurance they require to engage in this asset class,” stated CEO Jez Mohideen. He also added that the license will now allow them to innovate in the asset class and come up with products that suit the institutions in the virtual asset space.
Laser Digital is a digital asset business backed by Nomura. The company states on its website that it delivers scalable, robust opportunities across trading, asset management, and ventures.
In related news, Binance announced yesterday that it secu…
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