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Japanese Banking Giants Crypto Subsidiary Applies for US Banking Charter

by Vivek Kumar
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Japanese Banking Giant’s Crypto Subsidiary Applies for US Banking Charter

In brief

  • The Nomura-owned Laser Digital applied for a U.S. OCC charter to launch a crypto-focused national trust bank.
  • The bank would offer digital asset custody and spot trading under full U.S. regulatory oversight.
  • It joins a surge of crypto firms seeking bank charters after passage of the stablecoin-focused GENIUS Act last year.

The crypto-focused subsidiary of Japan’s largest investment bank has joined the growing list of digital asset firms seeking a coveted banking charter from the U.S. Treasury…

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