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The post Nomura’s Cryptocurrency Unit Faces Profitability Delays! appeared first on Coinpedia Fintech News
Nomura Holdings Inc. ‘s cryptocurrency unit, Laser Digital, may face delays in reaching profitability as the recent market rout in digital assets has affected trading volumes and disrupted business plans. The unit had initially planned to turn a profit by 2024, but its CEO, Jez Mohideen, has warned that this goal may be pushed back due to the ongoing challenges facing the crypto market. The sector has also faced regulatory changes, further impacting its growth potential.
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