Sony receives conditional approval from the U.S. OCC to launch a stablecoin trust bank in 2027
According to Banking Dive, Sony has received conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank, planning to launch Connectia Trust in 2027, focusing on the issuance and management of dollar stablecoins.
The trust subsidiary is part of Sony Financial Group, with a capital of 40 million dollars.
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