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First reported by BitcoinWorld
Sony Gains Conditional U.S. Approval for Stablecoin Trust Bank

Sony Gets Conditional OK for US-Based Stablecoin Bank

PYMNTS1h agoen
Read on pymnts.com

From the article

Sony Bank has received conditional approval to launch a U.S.-based stablecoin bank. The Japan-based financial institution this week announced it had a tentative green light from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. The new business, known as Connectia Trust, National Association, will be capitalized with $40 million, […] The post Sony Gets Conditional OK for US-Based Stablecoin Bank appeared first on PYMNTS.com .
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