Laser Digital gets Japan's first crypto exchange approval in 4 years

Laser Digital, Nomura Group’s digital asset subsidiary, received Japan’s first crypto exchange license in four years under the Payment Services Act. Recent regulatory changes will reclassify crypto assets as financial assets under the Financial Instruments and Exchange Act, introducing stricter oversight and insider trading rules, signalling Japan's maturing crypto market.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.