CryptoWorld News reports that Wu has learned that Laser Digital, a digital assets company under Japan’s financial group Nomura Holdings, has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank (National Trust Bank). If final approval is granted, the entity will serve as a federally regulated trust institution, providing institutional clients with custody and management services for tokenized assets, digital assets, and traditional assets, and supporting businesses such as stablecoins, cross-border payments, and collateral management. Full approval depends on whether the company can meet requirements such as minimum capital, and the entity does not plan to engage in deposit-taking or lending activities.

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HodlBystander
· 20h ago
The value of a trust license is well understood by those in the know.
If you don’t get involved in deposits and loans, and instead focus solely on custody, your route is very clear.
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NeonMint
· 20h ago
Nomura Holdings endorsement, institutional clients are willing to put their money here
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LatencyLullaby
· 20h ago
OCC's friendliness toward cryptocurrencies has indeed been on the rise recently.
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MintCondition
· 20h ago
The name Laser Digital sounds like a sci-fi movie, but their business is quite practical.
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ColdWalletFitnessCoach
· 20h ago
Conditional approval granted, but the capital requirement hasn't been met yet. Don't rush to pop the champagne.
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AirdropCheatSheet
· 20h ago
Another landmark event of traditional finance entering Web3
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NeonStreetReflections
· 20h ago
Regarding cross-border payments, will Japanese yen stablecoins have a chance in the future?
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GateUser-9076f8b9
· 20h ago
Let's wait until it gets final approval; for now, it's still Schrödinger's bank.
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Mint-ColoredSlippage
· 20h ago
Custody + Collateral Management, Bridging Role Between DeFi and Traditional Finance
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K-LineSocialAnxiety
· 20h ago
No deposit absorption or lending, lightweight asset model, clear risk isolation.
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