Nomura unit becomes first firm licensed to run a crypto exchange in Japan in four years

Laser Digital Japan, the local arm of Nomura’s digital asset subsidiary, announced on August 21 that it has registered as a crypto asset exchange service provider.

It is the first firm to clear Japan’s licensing bar in four years. Institutional investors in the country now get a Nomura supported venue for digital asset trading.

Nomura’s Laser Digital clears a four-year licensing drought

The company operates under the Payment Services Act. It is listed with the Director-General of the Kanto Local Finance Bureau under Registration No. 00032.

It has also become a member of the Japan Virtual and Crypto assets Exchange Association (JVCEA), the self-regulatory organization for licensed operators.

Japan’s National Diet on July 15 passed legislation to transfer crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act.

The change would tax qualifying crypto gains at a rate of 20%, a reduction of the current maximum of 55%. Those tax provisions are projected to apply from January 1, 2028.

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