CoinDesk·4hNeutral1 min read

Sony secures conditional approval to set up U.S. stablecoin trust bank

The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.

Source: CoinDesk

Cripton is a market analysis tool. We are not financial advisors. Alerts do not constitute investment recommendations. Only trade with capital you can afford to lose.

Sony secures conditional approval to set up U.S. stablecoin trust bank | Cripton AI