Nomura's Laser Digital Receives Conditional Approval for U.S. Trust Bank

Laser Digital, a digital asset company under Japan's 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. According to Foresight News, if fully approved, the entity will operate as a federally regulated trust institution, offering custody and management services for tokenized, digital, and traditional assets to institutional clients. It will also support services such as stablecoins, cross-border payments, and collateral management. Full approval is contingent upon meeting requirements such as minimum capital levels. The entity does not plan to engage in deposit-taking or lending activities.