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Home›Crypto›Regulation›Sony Bank subsidiary clears an OCC hurdle to issue a d…

Sony Bank subsidiary clears an OCC hurdle to issue a dollar stablecoin

The stablecoin would be issued once Connectia Trust clears the regulator's final conditions.

Reported · Written up by our desk · Regulation

Decrypt reports that Sony Bank has cleared an Office of the Comptroller of the Currency hurdle for its planned dollar-pegged stablecoin. The lender said its US subsidiary, Connectia Trust, would issue the stablecoin once it clears the OCC's final conditions.

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Sources

DecryptSony Bank Clears OCC Hurdle for Dollar Stablecoin

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