The potential sale of Laser Digital follows a fourth straight quarterly loss for Nomura’s European operations.

Japanese financial services giant Nomura Holdings is reportedly weighing a sale of its cryptocurrency subsidiary Laser Digital as Nomura’s European operations continue to post losses.

Nomura has held talks with potential buyers, including Marex Group, Bloomberg reported Wednesday. The company has yet to make a final decision and could keep the business, according to the report.

Nomura’s European businesses posted a pretax loss of 7.4 billion yen ($46.5 million) in the quarter ended Sept. 30, 2026, their fourth consecutive quarterly loss. The company posted pretax profits in every other reporting region over the same period. Nomura did not disclose whether Laser Digital, which is headquartered in Switzerland, contributed to the European result.

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As US voters push back against new data centers, Bitcoin miners already expanding into AI could benefit from their existing facilities.

Bitcoin miners with power already secured could have an edge in the race to build AI data centers after voters in several US communities backed limits on new development. The midterms could also bring closer scrutiny from Congress over who pays for the grid upgrades those facilities need, industry experts told Cointelegraph.

Voters in several states weighed in on data center development during the Nov. 3 US midterms, when local measures appeared on the same ballots as congressional races. Amid concerns about rising electricity costs, water use and the impact on nearby communities, voters favored limiting development in 40 of the 41 local contests tracked by Ballotpedia.

The restrictions include citywide bans, limits on larger facilities, temporary pauses on new projects and voter approval requirements for some developments.

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Federal prosecutors have obtained a guilty plea from a New York adult day care director in a $127 million Medicare and Medicaid fraud case.

Daniel Lee, 57, of Flushing, pleaded guilty to conspiracy to commit health care fraud and conspiracy to commit money laundering, says the U.S. Department of Justice.

Lee served as program director at Happy Life Inc. and Royal Adult Day Care Center in Flushing.

Over ten years, the centers paid cash kickbacks to Medicaid recipients and submitted claims for services that were never provided.

“Some claims were submitted for Social Adult Day Care (SADC) services when the Medicaid recipients could not possibly have received the services because they were hospitalized at the time.”

Lee and his co-conspirators also shelled out kickbacks and bribes to Medicare and Medicaid beneficiaries through a related pharmacy that also billed for medically unnecessary prescriptions.

Says Assistant Attorney General Colin M. McDonald of the Justice Department’s National Fraud Enforcement Division,

“For over a decade, Daniel Lee helped run a brazen kickback scheme that stole from Medicare and Medicaid through fraudulent claims for medically unnecessary prescription drugs and social adult day care services that were never provided. Yesterday’s guilty plea underscores the Department’s commitment to holding accountable those who exploit federal health care programs for personal gain.”

Lee faces up to 30 years in prison and is slated for sentencing on March 2nd, 2027.

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The post New York Director Pleads Guilty in $127,000,000 Medicare and Medicaid Fraud appeared first on The Daily Hodl.

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The Nov. 23 debut puts a new SEC exemption to the test as Nasdaq pursues its own tokenized stock plans after warning that trading across platforms could fragment liquidity.

Crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE) are set to launch tokenized stock trading on Nov. 23, despite objections from 67 companies to having their shares listed and warnings from Nasdaq that trading across disconnected platforms could fragment liquidity.

The venture, known as OKXICE, will operate under the US Securities and Exchange Commission’s temporary Innovation Exemption and offer eligible US customers round-the-clock trading. Under the exemption, venues must give companies a chance to object before listing shares tokenized by an unaffiliated third party. JPMorgan Chase, McDonald’s, SpaceX and Coca-Cola were among the companies that objected. 

Tokenized stocks are blockchain-based tokens that represent company shares or track their price. The rights they carry depend on how they are structured. The distributed value of tokenized stocks and ETFs reached $3.88 billion on Nov. 11, up 13.4% over 30 days. 

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Bitcoin traded in a narrow range as investors bought the dip in tech stocks and US bond yields climbed on high CPI inflation data.

Bitcoin (BTC) circled $74,000 at Wednesday’s Wall Street open as stock markets rallied and US bond yields surged.

Key points:

Data from TradingView showed BTC/USD diverging from US equities as investors resumed buying the dip in tech stocks.

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