Laser Digital Obtains Full Operational License from Dubai’s VARA for Virtual Asset Services

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Binance Japan will begin onboarding customers in Japan on its freshly launched platform. Two years ago, the exchange was cautioned about operating without a licence. Users may access spot trading, earn items, and an NFT marketplace. They may trade 34 tokens, including Binance Smart Chain’s native coin BNB. Binance purchased BitCoin in November of last year. Due to market circumstances, Coinbase and Kraken have suspended operations in Japan.

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Laser Digital, Nomura’s digital asset subsidiary, has secured an operational licence from Dubai’s Virtual Asset Regulatory Authority (VARA), completing the licencing process. In the emirate, the firm may now provide virtual asset broker-dealer services, as well as VA management and investing services. Dubai launched a licensing program early this year, with businesses such as and OKX nearing completion. In the following months, Laser Digital intends to begin its trading and asset management business, including over-the-counter trading services and digital asset investment solutions.

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