Sony Bank Eyes US Trust Charter for Stablecoin and Custody Services

Sony Bank Files for U.S. Trust Charter to Issue & Manage Stablecoins News ETHNews

Sony Bank, a financial arm majority-owned by Sony, has officially applied for a national trust bank charter with the U.S. Office of the Comptroller of the Currency (OCC). The goal: to issue and manage stablecoins in the U.S. market and offer custody services for digital assets. According to the filings, Sony’s proposed trust subsidiary (called Connectia Trust) would be empowered to deploy U.S. dollar-pegged stablecoins, maintain the reserve asse…

Sony Applies for U.S. Crypto Banking Charter

Sony Bank's subsidiary seeks a U.S. crypto banking charter for stablecoin issuance and custody services.

Sony Bank Eyes US Trust Charter for Stablecoin and Custody Services - Coin Surges

Sony Bank — yes, the same folks behind your Playstation — is making a power move into American finance. The digital banking arm of Japan’s Sony Group has officially filed with the U.S. Office of the Comptroller of the Currency (OCC) for a national banking charter, according to Law360. Sony Group Expands Fintech Push With […] Read Entire Article The post Sony Bank Eyes US Trust Charter for Stablecoin and Custody Services appeared first on Coin Su…

Sony Bank Eyes US Trust Charter for Stablecoin and Custody Services

Sony Bank — yes, the same folks behind your Playstation — is making a power move into American finance. The digital banking arm of Japan’s Sony Group has officially filed with the U.S. Office of the Comptroller of the Currency (OCC) for a national banking charter, according to Law360. Sony Group Expands Fintech Push With... The post Sony Bank Eyes US Trust Charter for Stablecoin and Custody Services appeared first on Daily Truth Report • DailyTr…

Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Sony is making strides to enter the crypto banking sector through its financial arm, Sony Bank, as the Japanese group has recently submitted an application to US regulators for a national banking charter via its subsidiary, Connectia Trust.  This move signifies Sony’s intent to engage in various cryptocurrency-related activities, which include the issuance of US dollar-backed stablecoins, maintaining reserves, and providing custody and fiduciary…

Sony Bank files for OCC charter to issue and manage US stablecoins

Sony Bank seeks a US OCC stablecoin charter to issue and manage digital assets, signaling its entry into regulated crypto markets. The post Sony Bank files for OCC charter to issue and manage US stablecoins appeared first on Crypto Briefing.