Sony Bank gets US regulator nod to issue stablecoins

CoinTelegraph·

Sony Bank gets US regulator nod to issue stablecoins

60-second summary

Sony Bank receives preliminary approval from the US Office of the Comptroller of the Currency to issue stablecoins, with $40 million in initial capital.

Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in starting capital.