Japanese Banking Giant’s Crypto Subsidiary Applies for US Banking Charter
Nomura Group’s crypto subsidiary, Laser Digital, has applied to the U.S. Office of the Comptroller of the Currency to establish Laser Digital National Trust Bank, aiming to offer digital asset custody and spot trading services. Laser Digital, based in Switzerland, intends to operate under a national trust bank charter as the U.S. regulatory climate grows more accommodating for crypto firms. This move aligns with a broader trend—numerous digital asset companies such as Circle, Ripple, BitGo, Paxos, Coinbase, Sony, and Stripe have sought or secured similar charters, following recent legislative changes favoring stablecoin and digital asset banking. The U.S. market is seen as crucial for the development and regulation of institutional digital finance.
