Komainu Gets Approval For UK Crypto Register: Crypto Custody Goes Mainstream
Portfolio Pulse from Murtuza Merchant
Digital asset custody service provider Komainu has received approval from the UK Financial Conduct Authority (FCA) to register as a custodian wallet provider. This aligns with the Money Laundering, Terrorist Financing and Transfer of Funds regulations from 2017. Komainu, a collaborative venture between Nomura Holdings Inc, CoinShares, and Ledger, has been regulated by the Jersey Financial Services Commission since November 2019 and recently acquired a VASP license from the Dubai Virtual Assets Regulatory Authority.
October 09, 2023 | 4:18 pm
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Nomura Holdings, a stakeholder in Komainu, could see a positive impact from Komainu's approval by the UK FCA to register as a custodian wallet provider. This could potentially increase the company's exposure and credibility in the digital asset market.
Nomura Holdings is a stakeholder in Komainu, a digital asset custody service provider. Komainu's recent approval by the UK FCA to register as a custodian wallet provider could potentially increase Nomura's exposure and credibility in the digital asset market, which could have a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75