DeFi Intel

Sony Bank receives conditional OCC approval for US stablecoin trust bank

Sony Bank announced it has received preliminary conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States.

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Sony's Connectia Trust, which applied in October 2025 for a 2027 launch of a dollar stablecoin, chose a US charter partly because Japan has yet to fully approve any trust-type stablecoin issuer.

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