Nomura’s Laser Digital Secures Second Crypto License in UAE
- Laser Digital has secured a new license in the UAE.
- This comes after Dubai’s VARA granted the company an operating license last year.
- Several other crypto companies have successfully expanded to the UAE.
Nomura’s crypto division, Laser Digital, now holds two operational licenses in the United Arab Emirates (UAE).
On June 19, Laser Digital announced that it had completed its licensing process to offer certain services “in and from” the Abu Dhabi Global Market (ADGM), almost ten months after it obtained operating license approval from Dubai’s Virtual Asset Regulatory Authority (VARA).
Sponsored
VARA’s license allowed Laser Digital to provide virtual asset (VA) broker-dealer Services and VA Management and Investment services from its Dubai entity.
Laser Digital’s Second License
According to the official press release , the Financial Services Regulatory Authority (FSRA) of Abu Dhabi has approved the issuance of a Financial Services Permission (FSP) to Laser Digital (AD) Limited.
With the license, the company has permission to offer broker-dealer and asset/fund management services for both virtual assets and traditional assets while based out of the ADGM.
Read More
Shiba Inu’s 1 Cent Dream Catalyzed by Live 100M SHIB Burn
SEC Lowers Settlement Offer for Ripple to $102.6 Million
SEC Secures $4.5 Billion Settlement in Landmark Crypto Case
Arvind Ramamurthy, ADGM’s Chief of Market Development, welcomed Laser Digital to the new market, noting that the company’s offerings aligned with FSRA and ADGM’s “international best practices and progressive regulatory ecosystem.”
Sponsored
Laser Digital’s second win in UAE underscores the region’s growing reputation as a crypto hub .
Crypto Companies Flocking to UAE
The UAE has recently attracted crypto service providers and Web3 companies, positioning itself as a hub for regulated digital asset activities.
In April, the world’s largest crypto exchange by trade volume, Binance, entered Dubai’s retail crypto market after receiving its long-awaited VASP license from VARA via its local subsidiary.
A month later on May 7, QCP Capital secured initial approval to enter ADGM, becoming the first Singapore-based crypto market maker and broker to be granted such operational approval in the UAE.
Other companies that have established a presence in the region include crypto exchange OKX and on-chain security firm Chainalysis.
Read about Crypto.com’s recent win in Dubai:
Crypto.com Secures Full Operational License from Dubai’s VARA
Stay updated on El Salvador’s Bitcoin bank:
El Salvador Builds Bitcoin Bank to Bolster Foreign Investment
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Altcoins Gear Up for Profitable Rally
Altcoin holders could be in for major gains as market sentiment turns bullish.Altcoin Holders Anticipate Major GainsWhat’s Fueling the Altcoin Rally?Time to Watch the Altcoin Market Closely

Best Cryptos to Buy Now: Why Qubetics, Cardano, and Toncoin Are Dominating 2025’s Blockchain Revolution
Explore why Qubetics, Cardano, and Toncoin are the best cryptos to buy now in 2025, with groundbreaking innovations and real-world applications.Qubetics ($TICS): Bridging Real-World Assets with BlockchainCardano (ADA): Pioneering Sustainable Blockchain SolutionsToncoin (TON): Revolutionizing Digital InteractionsUnderstanding Real World Asset TokenizationConclusion

Best Crypto to Buy Now: Final Chance to Buy Troller Cat at $0.0000072 Before 20% Jump as Notcoin and Brett Break Out
Troller Cat enters Stage 3 with 69% APY and 7,000% ROI potential while Notcoin and Brett rally.Troller Cat ($TCAT): Staking, Strategy, and Serious GainsNotcoin ($NOT): Massive Community, Real-Time MomentumBrett ($BRETT): Base Chain’s Loudest VoiceConclusion: Which Project Offers the Best Entry Point?

James Wynn’s $46.5M Hyperliquid Trading Streak
James Wynn earns $46.5M in under 2 months on Hyperliquid with high-leverage trades on BTC, PEPE, TRUMP, and more.The Rise of a Trading LegendUnrealized Profits Tell the StoryWhat Makes Wynn’s Strategy Stand Out?

Trending news
MoreCrypto prices
More








