Laser Digital Secures Monumental Crypto Derivatives License in Dubai

Key Points

1. Laser Digital is the first entity regulated by Dubai's VARA to offer direct, client-facing OTC crypto services.

2. The license reflects Dubai's progressive approach to digital asset regulation and its appeal to major crypto players.

3. Nomura's backing through Laser Digital adds credibility to the crypto derivatives market.

4. Regulated OTC crypto services are expected to enhance market liquidity, efficiency, and institutional trust.

5. This milestone sets a precedent for other financial jurisdictions to adopt clear regulatory frameworks for crypto derivatives.