The crypto arm of Japanese investment bank and brokerage Nomura said on Tuesday it had won an operating licence in Dubai, the latest in a number of mainstream financial institutions this year to enter the crypto sector. Laser Digital, which is headquartered in Switzerland with officers in Dubai and London, said in a statement it had received the licence from Dubai's VARA. Laser said it would launch its trading and asset management business in the coming months, allowing institutional investors access to over-the-counter crypto trading and other investment products. French bank Societe Generale became last month the first company in France to obtain a licence for crypto services.
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