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Sony Bank Secures OCC Preliminary Approval for US Stablecoin Issuance Business
Sony Bank has secured preliminary approval from the OCC to launch a US stablecoin issuance business with $40 million in initial capital.

Sony Bank has secured preliminary approval from the OCC to launch a US stablecoin issuance business with $40 million in initial capital.

Sony Bank's New York subsidiary has secured conditional approval to establish a U.S. stablecoin trust bank, capitalized with $40 million.