Laser Digital Launches Dubai's First Regulated OTC Crypto Desk

- Laser Digital becomes first licensed OTC crypto desk in Dubai - Regulated options to help institutions manage volatility and risk On August 6, 2025, Laser Digital, Nomura’s crypto subsidiary, launched Dubai's first regulated over-the-counter (OTC) crypto options desk. Operating under VARA's pilot framework, this marks a significant milestone for institutional digital derivatives in the region. On August 6, Cointelegraph reported that this is a critical move for institutional clients, as it helps them manage risk and volatility in the United Arab Emirates' growing digital derivatives market. This development allows Laser Digital to offer medium-dated "vanilla" crypto options on major digital assets, which operate under International Swaps and Derivatives Association (ISDA) agreements to ensure compliance with global standards. The initiative, functioning under Dubai’s established 2023 regulatory framework, underscores the UAE's commitment to fostering a secure environment for virtual asset activities. Dubai's comprehensive regulatory approach aims to position the region as a global leader in digital asset oversight. As OTC crypto derivatives are a developing sector globally, this advancement reflects Dubai's focus on creating a robust marketplace for institutional cryptocurrency trading while adhering to strict oversight standards. According to market data from August 6 at 20:09 UTC, Bitcoin (BTC) was trading at $115,301.97, with its 24-hour trading volume having increased by 1.34%. Meanwhile, Ethereum (ETH) was priced at $3,683.02, and its trading activity increased by 2.83% within the same period.