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#Laser #Digital Gets Conditional Nod for #US #Trust Bank
Laser Digital, the crypto arm of Japan's Nomura Holdings, has received initial approval from the US OCC to launch a National Trust Bank. Once fully approved, this federally regulated bank will offer digital and traditional asset custody to institutional clients, alongside stablecoin and cross-border payment services. Full approval depends on meeting specific capital requirements. The institution will not handle deposits or lending
Laser Digital, the crypto arm of Japan's Nomura Holdings, has received initial approval from the US OCC to launch a National Trust Bank. Once fully approved, this federally regulated bank will offer digital and traditional asset custody to institutional clients, alongside stablecoin and cross-border payment services. Full approval depends on meeting specific capital requirements. The institution will not handle deposits or lending
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