The cryptocurrency market has been in red for the last 9 months. But unlike the bear market, adoption is increasing day by day. In the final analysis, the banking sector, which is very close to the crypto money market, also wants to exist in this field. In line with this, Nomura, one of the largest investment banks in Japan, announced that it will establish a new cryptocurrency in Switzerland. Nomura named its new crypto arm in Switzerland Laser Digital.

Kentaro Okuda, CEO of Nomura Holdings, said of the company's investments in crypto:

   “Nomura wants to be at the forefront of digital innovation. Based on that, being present in the digital asset space is one of our primary goals. We have established a new subsidiary for digital assets only. I have full confidence in our colleagues Steven and Jaz.”

Nomura

Steven Ashley, Head of Investment at Nomura Holdings, will head Laser Digital. Jaz Mohideen, head of Nomura's crypto unit, will serve as CEO. Laser Digital published a roadmap after the announcement. Attempt; It will focus on venture capital, secondary trading and investor products in the crypto space. The firm announced that it will establish a subsidiary called “Laser Venture Capital” to research Web3, DeFi and blockchain projects. Japanese giant Nomura announced in May 2022 that it started offering BTC derivatives services for its customers in the Asian continent.

Bahrain fintech startup integrates crypto payment system via Binance

EazyPay, an online payment platform licensed by the Central Bank of Bahrain (CBB), has announced that it has partnered with Binance Pay to use crypto payments in the country. Nayef Tawfiq Al Alawi, CEO of EazyPay, said the newly launched crypto payment option is available at more than 5,000 point-of-sale (POS) terminals and online payment gateways across Bahrain.