Cut Through CryptoBetaSubscribe

Storyline

Sony Bank stablecoin approval

Sony Bank is advancing toward operating a USD stablecoin trust bank after receiving conditional and then full US regulatory approval.

2 entriesFri, Jul 10 – Mon, Jul 20Institutional Transition

Timeline

  1. Mon, Jul 20LatestUnverified — not yet reviewed

    Sony Bank Receives US Approval to Issue Dollar-Backed Stablecoins

    Sony Bank has received approval from US regulators — reportedly the OCC — to issue dollar-backed stablecoins, marking a concrete stablecoin issuance authorization for a major Japanese financial institution operating in the US market.

  2. Fri, Jul 10Unverified — not yet reviewed

    Sony Bank Gets OCC Stablecoin Nod

    Sony Bank received conditional approval from the US Office of the Comptroller of the Currency to operate a US dollar stablecoin trust bank, marking a concrete regulatory milestone for bank-issued stablecoin infrastructure in the United States.