Nomura's Laser Digital Tightens Risk Management Following Crypto Losses

Japanese financial giant Nomura Holdings is implementing stricter risk controls at its digital assets subsidiary, Laser Digital. This decision comes in response to losses incurred from cryptocurrency-related activities. The move highlights the ongoing challenges traditional finance institutions face when entering the volatile crypto market. Nomura remains committed to its digital asset strategy but is now prioritizing enhanced risk assessment frameworks and operational safeguards at Laser Digital to ensure long-term stability and compliance.