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Laser Digital, the digital assets arm of Japanese investment bank Nomura, said it filed an application with the U.S. Office of the Comptroller of the Currency.
Laser Digital has applied to the OCC to open a federally regulated national trust bank in the US.
KEY POINTS
- The proposed trust bank will offer institutional clients custody for cryptocurrencies and US government securities.
- Laser Digital would join Ripple, Circle, BitGo, Fidelity Digital, and Paxos as OCC-approved trust banks.
- The new bank will initially not provide deposit accounts or traditional securities trading.
COMPANIES
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