Accelerating US Market Expansion
Laser Digital, a digital asset division of Nomura, has filed an application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter.
This move aims to operate under the federal banking framework, eliminating the need to secure asset custody licenses state by state, thereby streamlining compliance procedures.
Clear Business Focus
The charter will allow nationwide operations, though retail deposit acceptance will not be included. The firm plans to concentrate on spot cryptocurrency trading to meet rising institutional and investor demand.
- No state-by-state licensing
- Focused on crypto trading
- Aligning with regulatory trends