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Sony Receives Conditional Approval from US OCC, Plans to Launch Stablecoin Trust Bank in 2027

2026-07-09 03:52

Odaily Planet Daily News: Sony has received conditional approval from the Office of the Comptroller of the Currency to establish a national trust bank, with plans to launch Connectia Trust in 2027, focusing on the issuance and management of USD stablecoins. This trust subsidiary is under the Sony Financial Group and has a capital of $40 million.