Wu Shuo learned that Sony Bank has announced it has obtained initial conditional approval from the U.S. Office of the Comptroller of the Currency (OCC). The bank plans to set up the national trust bank Connectia Trust in the United States to prepare for businesses such as issuing and managing dollar stablecoins, and plans to open in 2027 after obtaining regulatory approvals in both Japan and the U.S. The subsidiary is wholly owned by Sony Bank, and plans an initial investment of $40 million. This approval is still in a preliminary stage; before receiving OCC final approval, it may not issue stablecoins or formally carry out business.

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