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Crypto ExchangesExchange profile

Laser Digital Middle East: Dubai OTC access, permissions and disclosures

VARA licence scope, institutional eligibility, OTC pricing, historical asset-handling disclosures and complaint procedures for Laser Digital Middle East.

By FXBrokers Research DeskOperating status: ActivePublished Updated Sources checked
  • VARA licence VL/23/06/001 is active for broker-dealer and management/investment services.
  • The authorised client categories are qualified and institutional investors.
  • The older OTC disclosure describes principal pricing and no client-asset holding.
  • Current fees, asset coverage and settlement terms require the applicable quotation and agreement.

Laser Digital Middle East FZE is a Dubai virtual-asset business licensed by VARA for broker-dealer and management and investment services. Its authorised client categories are qualified and institutional investors. Public material supports an institutional OTC model, but does not provide a current universal fee tariff or a complete executable asset list.[1][4]

Markets & services

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Reference table01

Service and licence scope

Service and licence scope
ItemPublished terms
Broker-dealerIncluded in the VARA licenceSource 1
Management and investmentIncluded as a distinct licensed activitySource 1
MarginRegister permits it only for qualified and institutional investorsSource 1
Exchange/custodyNeither is separately listed as a permitted activity in this entrySource 1
Reference table02

Published OTC execution model

Published OTC execution model
ItemPublished terms
Dealer roleHistorical broker-dealer disclosure says it acts as principalSource 4
ExecutionOrders may be internalised or hedged externallySource 4
PricingExternal markets, risk considerations and client settings inform the priceSource 4
Document ageThe disclosure is headed August 2023; it is not a newly dated 2026 service scheduleSource 4
Reference table03

Asset-list evidence

Asset-list evidence
ItemPublished terms
Historical examplesBTC, ETH, XRP and SOL against USD or USDTSource 4
Current applicabilityThese are examples in the older disclosure, not a verified current tradable catalogueSource 4
Trade confirmationThe current agreement and executable quotation determine instrument and settlement termsSource 4

Fees & commercial terms

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Publicly established pricing information

Publicly established pricing information
ItemPublished terms
Executable quoteBespoke principal priceSource 4Source 6
Uniform commissionNot stated in the reviewed public materialSource 4Source 6
Financing rateNot published in the current register or historical disclosureSource 4Source 6
External costsBank, network and counterparty arrangements can affect net settlementSource 4Source 6
Reference table05

Why principal pricing matters

Why principal pricing matters
ItemPublished terms
Bid/offerA commission-free quotation could still contain a dealing spreadSource 4
Risk and sizeTwo different orders need not receive the same spreadSource 4
ComparisonMatch quantity, currency and settlement timing before comparing total proceedsSource 4

Deposits, withdrawals & settlement

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Reference table06

Settlement evidence and its limits

Settlement evidence and its limits
ItemPublished terms
Asset handlingOlder disclosure says client assets are not heldSource 4Source 1
Other VASP clearingThat disclosure says the firm does not use another VASP for clearingSource 4Source 1
Present-day payment routeExact bank, blockchain, minimum and cutoff terms are not provided in the reviewed current registerSource 4Source 1
Contractual dependencyConfirm the delivery-versus-payment or credit arrangement in the transaction documentationSource 4Source 1
Reference table07

Default and close-out exposure

Default and close-out exposure
ItemPublished terms
OTC positionLiquidity and counterparty performance affect the ability to closeSource 6
Default provisionsRisk disclosure discusses closing transactions without notice in relevant default circumstancesSource 6
NettingClose-out amounts may be offset under the contractual frameworkSource 6

Custody & asset handling

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Reference table08

Custody should be read at entity level

Custody should be read at entity level
ItemPublished terms
VARA entryDoes not show a separate custody licenceSource 1Source 4
Historical statementNo client-asset holding is describedSource 1Source 4
Named technology providersA custody technology vendor is not automatically the regulated legal custodianSource 1Source 4
Client assetsCurrent holding, transfer and recovery rights require the actual account agreementSource 1Source 4

The older disclosure names Komainu and Fireblocks in its operational arrangements. That wording alone does not establish who would legally custody a particular client’s assets, or extend a third party’s permissions to Laser Digital Middle East.[4]

Client eligibility & restrictions

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Reference table09

Investor categories

Investor categories
ItemPublished terms
Institutional investorsIncluded in the VARA registerSource 1
Qualified investorsIncluded in the VARA registerSource 1
Retail investorsNot an authorised category in this entrySource 1
Margin accessRestricted to the same qualified/institutional categoriesSource 1
Reference table10

Website distribution restrictions

Website distribution restrictions
ItemPublished terms
United StatesGroup website gate excludes US personsSource 3
Retail audienceGate says the material is not directed to retail investorsSource 3
Own initiativeProfessional access declaration is part of the website gateSource 3
Account approvalPassing a website declaration is not approval for an LDME trading accountSource 3

Support & contacts

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Published contact routes

Published contact routes
ItemPublished terms
LDME enquiries[email protected]Source 4Source 5Source 1
Complaints[email protected]Source 4Source 5Source 1
Current register locationUnit 904, Level 9, One Za’abeel, DubaiSource 4Source 5Source 1
Address cautionThe older complaints PDF carries a different postal address; the current register is used here for locationSource 4Source 5Source 1
Reference table12

Complaint submission

Complaint submission
ItemPublished terms
FormatWritten complaint in English using the published procedure/formSource 5
Core informationClient/account identification, events, dates and supporting documentsSource 5
TrackingProcedure provides a unique complaint referenceSource 5
Third-party referralWritten client consent is required under the procedureSource 5
Reference table13

Complaint timeframes

Complaint timeframes
ItemPublished terms
AcknowledgementProcedure describes acknowledgement within one weekSource 5
Final response targetFour weeksSource 5
Complex casesMaximum eight weeks described in the procedureSource 5
Redress offerAn offer may have a seven-day acceptance periodSource 5
Reference table14

Escalation and scope

Escalation and scope
ItemPublished terms
Unresolved matterProcedure points to VARA and relevant external legal routesSource 5
Legal forumArbitration/Dubai court provisions depend on the agreementSource 5
LimitPublished complaint targets do not guarantee reimbursement or a particular outcomeSource 5

Authorisations & registrations

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Current VARA record

Current VARA record
ItemPublished terms
Legal nameLaser Digital Middle East FZESource 1
LicenceVL/23/06/001Source 1
Issue date28 July 2023Source 1
StatusActive in the checked registerSource 1
Permitted activitiesBroker-dealer; management and investment servicesSource 1
Reference table16

Group permissions are separate

Group permissions are separate
ItemPublished terms
Swiss parentWebsite identifies Laser Digital Holdings AG separatelySource 3Source 1
UK affiliateWebsite describes a UK appointed-representative arrangementSource 3Source 1
Dubai entityVARA scope above applies to Laser Digital Middle East FZESource 3Source 1
Protection boundaryA licence or arrangement held by another group company does not automatically cover the Dubai contractSource 3Source 1

Operator & entity scope

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Reference table17

Corporate context

Corporate context
ItemPublished terms
Business originLaser Digital was established by Nomura in 2022Source 2Source 1Source 4
Dubai operatorLaser Digital Middle East FZESource 2Source 1Source 4
Client agreementMust identify the entity providing each serviceSource 2Source 1Source 4
Public document datesGroup website, current register and older LDME PDFs serve different purposesSource 2Source 1Source 4
Operator
Laser Digital Middle East FZE
Exchange model
Centralised
Service scope
Dubai VARA-authorised institutional and qualified-investor virtual-asset broker/dealer; principal OTC dealing and separate group investment-management activity; not a retail central-limit-order-book exchange.
Client types
Professional clients; Institutional clients
Pricing publication
Quote only
Other names
Laser Digital; Laser Digital Middle East FZE
Headquarters
Dubai, United Arab Emirates
Covered jurisdictions
United Arab Emirates
Pricing scope
No current public uniform dealing spread, commission, financing rate or custody tariff. The historical broker-dealer disclosure describes proprietary pricing based on markets, risk and client settings.
Funding scope
Client-specific fiat/crypto settlement and credit/margin arrangements, prescribed in bilateral terms. No universal withdrawal minimum or timing public.
Custody and asset handling
The historical broker-dealer disclosure says the firm does not hold client assets. VARA’s current entry does not list a separate custody-services permission; current contractual settlement arrangements need entity-specific confirmation.
Client eligibility
Institutional Investors and Qualified Investors under Dubai VARA rules only; no automatic retail or cross-border entitlement.
Support
LDME enquiries: [email protected]. Complaints: [email protected] under the published LDME procedure.
Authorisation and registration scope
VARA lists active licence VL/23/06/001, issued 28 July 2023, for broker-dealer and management and investment services, restricted to qualified and institutional investors. Margin permission is limited to those client categories.

Exchange metadata checked 27 Oct 2026Source 1Source 2Source 3Source 4Source 5Source 6

Covered contracting entities

Laser Digital Middle East FZE

Jurisdiction
Dubai, United Arab Emirates
Covered services
VARA broker-dealer and management and investment services
Client and location scope
Qualified and institutional investors; no retail category on the register.
Source 1

Additional Information

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The useful distinction is between what the current licence permits and what the older operating disclosures describe. The licence confirms the investor categories and activity scope. It does not establish today’s bid/offer, complete token coverage, settlement timetable or client custody arrangement.[1][4]

Follow the evidence

Sources & further reading

  1. VARA public register active institutional licence VL/23/06/001 Dubai Virtual Assets Regulatory Authority · Accessed 27 Oct 2026

This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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